TL;DR
Binance expanded its margin trading options, adding several new pairs and borrowable assets.
The additions had minimal impact on the prices of the affected tokens.
The world’s leading cryptocurrency exchange – Binance – added ADA/USDC, AVAX/USDC, MATIC/USDC, and XRP/USDC as new cross-margin pairs, and ACM/USDT, AVAX/USDC, FIO/USDT, IQ/USDT, NEXO/USDT, and QKC/USDT as new isolated margin pairs.
It also embraced AC Milan Fan Token (ACM), FIO Protocol (FIO), and IQ (IQ) as new borrowable assets on cross and isolated margin.
“Binance Margin strives to enhance user trading experience by continuously reviewing and expanding the list of trading choices offered on the platform, allowing for greater diversification of user portfolios and flexibility with trading strategies,” the firm stated.
Listing certain cryptocurrencies on a major exchange like Binance could increase their perceived legitimacy and accessibility, driving up investor demand and positively impacting their va
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