Quote from: encycrypto on May 24, 2019, 03:54:32 PM

Quote from: Bytem3 on May 24, 2019, 02:50:28 PM

Binance wants to roll out margin/leverage trading :O Looks like Bitmex is getting some competiton

https://coincodex.com/article/3676/binance-will-introduce-margin-trading-soon/

I expect to see some new listings at Bitmex now after this announcement. Binance will offer margin trading to a lot of mid-caps, stealing all the spotlight from Bitmex. However, I don't expect Binance to give the 100x leverage like Bitmex.

This is really a great news of Binance and it seems to have attracted a lot of traders from other exchanges and made its price soar past the $ 30 threshold. This is really a memorable year for Binance and CZ. He is a great CEO and has a wide vision.
With good news coming out every month like that, BNB's price will easily pass the $ 40 threshold.