HomeCryptoBinance: margin trading may be on its way

Binance: margin trading may be on its way

Binance may soon integrate the ability to carry out margin trading on the platform.

In the API published on Github, some developers have in fact found parameters regarding new features for Binance, including margin trading.

binance margin tradingAs you can see in the image, the margin trading function is therefore already present in the code of the exchange and could soon be implemented on the trading platform. By checking the published code, it was also discovered that, under the same heading, there were several crypto pairs: BTC/USDT, BNB/BTC, BNB/USDT, ETH/BTC, ETH/USDT, TRX/BTC, TRX/USDT, XRP/BTC and XRP/USDT.

This may be sufficient evidence to indicate that Binance will soon be entering this market. Other exchange competitors, such as Bitfinex, OKEx and BitMex are already using margin trading.

Recent news from Binance

Margin trading would certainly not be the only novelty for Binance.

Recently, in fact, the exchange has launched a decentralised platform (DEX) and its own Binance Chain which means that all the BNB tokens – previously based on the Ethereum blockchain, using the ERC20 standard – will be migrated to the exchange mainnet and then converted to the BEP2 standard.

Furthermore, just today the rumour has begun to circulate that the exchange is preparing for the creation of a stablecoin based on Binance Chain.

The CEO of the exchange, Changpeng Zhao, would have declared it on Twitter, with a not very enigmatic post.

Alfredo de Candia
Alfredo de Candia
Android developer da oltre 8 anni sul playstore di Google con una decina di app, Alfredo a 21 anni ha scalato il Monte Fuji seguendo il detto "Chi scala il monte Fuji una volta nella vita è un uomo saggio, chi lo scala due volte è un pazzo". Tra le sue app troviamo un dizionario di giapponese, un database di spam e virus, il più completo database sui compleanni di serie Anime e Manga e un database sulle shitcoin. Miner della domenica, Alfredo ha una forte passione per le crypto ed è un fan di EOS.