has announced a major change in its Portfolio Margin program. Now, even if you do not have VIP status but your balance hits 100,000 USDT across your futures and cross margin accounts, you get to use a feature called Portfolio Margin. It is designed to make your trading money work harder and smarter, and until now, it was a perk for big-time traders only.But that is not all. Binance is also rolling out a new Portfolio Margin Wallet.
With Binance Portfolio Margin, you can use a big mix of assets as collateral. This is handy when you are trading in hundreds of different ways – 548 with Cross Margin, 281 with USD-M Futures and 49 with COIN-M Futures. So, what's in it for you with Binance's Portfolio Margin? Here are the highlights: Use many different assets as collateral for lots of trading options. Get the most out of every dollar you invest. Balance the potential wins and losses across various trades. Have one wallet to manage three trading areas, making it easier to track your money and profit. Special API tools help you trade faster and more efficiently.
The decision to open up Portfolio Margin to more customers is part of Binance's strategy to give people better tools to make the most of their investment during this market cycle. The new single wallet makes everything simpler and provides better ways to trade on Binance.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: binance - 🏆 561. / 51 Read more »