Margin Trading on Binance?
It seems that they are going to make this feature available soon! And as a result today BNB pumps a lot!
The most recent confirmation that major cryptocurrency exchange Binance will be rolling out its margin trading feature "soon" left the cryptoverse abuzz with warnings that new traders should stay away from this very risky instrument.
Binance CEO, Changpeng Zhao, hinted about the new feature by posting a screenshot of their upgraded website today, while later the company confirmed to TechCrunch that the margin trading is coming "soon." According to the report, it has already been beta tested among selected users.
A warning in the screenshot reminds that “Margin trading confers a higher profit potential than traditional trading, but also greater risks. Please be aware that in the case of extreme market volatility, there is even a risk that your assets may be liquidated.”
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