Binance Coin again hits record value. Why is cryptocurrency?

Binance status as the largest and most popular crypto currency exchange is not shaken even after the recent hacking. The technical Department of a trading platform managed in a timely manner to eliminate the consequences of a hacker attack, and the course of native coins BNB is also not affected. On the contrary, Binance Coin today set a new historical maximum value ratio to the dollar.

At the moment Binance Coin is trading at 33.67 USD. For the past day, the price of bitcoin has grown 5.6 percent, and its market capitalization rose to 4.75 billion dollars.

What is the reason for the pampas?

Binance continues to delight its users with new useful features. Today the official account of the exchange showed a new style of interface.

In addition, the marketplace has updated the interface for trading with leverage.

We will remind, earlier in cryptocommunist were rumors about the opening of margin trading on Binance. Earlier this month, a Reddit user under the nickname Lifofifo noted that the possibility to open positions with leverage were seen in the API of the exchange.

Later General Director of the trading platform, Chanpen Zhao confirmed all the speculation, stating that the marketing Department of the company is actively working on introducing new functionality to users.

Apparently, soon will appear on Binance trade pairs with leverage for Bitcoin, BNB, Ethereum, Tron and XRP.

Note that margin trading involves a high risk. This is also mentioned in the warning interface of the exchange.

Trade with leverage can give potentially high profit, but it carries a very high risk. Please note that the high volatility of the market some of your positions may be liquidated.

To succeed in trading on Binance tips that our subscribers in cryptodata.


0 Comments on “Binance Coin again hits record value. Why is cryptocurrency?”

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