In the following lines we will tell you the latest updates of the binance platform to start a good working day this week.
Binance Adds Multiple USDT Trading Pairs
Binance will open trading for DENT/USDT, MFT/USDT, KEY/USDT, STORM/USDT, DOCK/USDT, WAN/USDT, FUN/USDT and CVC/USDT trading pairs at 2019/08/27 4:00 AM (UTC) as posted in binance.zendesk.com.
Binance Adjusts the Daily Interest Rate For Borrowing ETC
Binance will adjust the daily interest rate for borrowing ETC to 0.04% (from 0.02%), starting from 2019/08/27 0:00 AM (UTC) as says in binance.com.
Binance launches Binance Lending Service.
Hours ago CZ asked a question on his twitter very interesting. And after so much discussion the announcement of lending within binance becomes official. Binance Lending will be launched on the platform.
Binance Lending assets will be used in cryptocurrency leveraged borrowing business on Binance.com according to binance.zendesk.com.
The service, for now, will have 14-Day Fixed Term USDT, BNB and ETC Lending Products Available for Subscription accoring to binance.com.
Perlin has been listed on Binance
PERL is now trading at ~1.5x in USD from the IEO price according to icodrops.com.
Something to remember
The new Binance Margin “Switch” function allows you to quickly borrow funds when opening new positions according to the article in binance.vision.
Switch freely between asset mode (normal orders) & margin mode (margin orders)
E.g. While holding 5 BNB in a Margin account, you can sell max 15 BNB.
Disclaimer: In no way does this article recommend the purchase of any assets, this is a personal opinion of the author. Investment in crypto-currency is extremely risky and volatile. Also, if you are an investor, always do your own research before investing in anything!
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