Post
Topic
Board Trading Discussion
Re: Rumors confirmed: Binance margin trading coming soon
by
joniboini
on 31/05/2019, 08:11:22 UTC
Eh...this might sound great for traders, especially since Binance is an extremely popular exchange, but I'm really hoping they don't allow their customers to use too much leverage.

At this moment, they only allow 2x leverage IIRC. Not too much eh? You might want to use them to learn about margin trading Cheesy

Some margin traders for example in Poloniex doesn't shift to Binance because of the margin trading feature. Through this Binance update, those traders might shift to Binance which will bring them to a greater success. It's good thing that Binance have already consider adding it to their platform.

As long as Binance doesn't get any crackdown from government, they'll likely keep pushing new features or options. Definitely interesting to see the competitions, hopefully, nobody would get rekt by those exchanges.