The speculations to CZ’s Twitter teaser have proven to be true – Binance has now announced the upcoming launch of its crypto lending service. Users can earn up to 15% interest on BNB and other assets.
Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, thinks Binance CEO ChangPeng Zhao. He states that this growth is partly due to increased margin trading availability.
Binance users are now able to trade some cryptos on margin, using the exchange’s newly launched trading platform. The new service is paired with the existing cryptocurrency exchange under one platform, labeled Binance 2.0.
The global cryptocurrency exchange and blockchain ecosystem comprised of several arms to serve the greater mission of blockchain advancement, Binance, today announced the launch of its Margin Trading platform.
Binance had hinted that it would introduce margin trading on its platform for several months but the long-awaited feature is now live with margin trading capabilities available for Bitcoin, XRP, Binance Coin, TRON, and Ethereum.
Binance, one of the world’s crypto exchanges, is testing the patience of its followers with the 2nd mysterious tweet about Binance 2.0.