GLOBAL – Binance, a leading cryptocurrency exchange, has expanded its cross margin trading offerings with the addition of new crypto pairs, including ADA/FDUSD and LINK/FDUSD. The move is part of a broader expansion of services provided by the exchange.
The platform is also in the process of delisting several crypto pairs. Although specific pairs were not mentioned, this action could affect market liquidity for the affected assets. The delisting comes at a time when cryptocurrency exchanges are facing increased scrutiny from regulators, leading some to delist assets such as DOGE and ADA from their listings in order to remain in compliance with regulatory requirements.
Cross-margin trading is a method that allows traders to use their existing balances as collateral for their trading positions, thereby increasing their market exposure. The addition of new pairings like ADA/FDUSD and LINK/FDUSD could attract more traders looking for diversified trading options on Binance.
The decision to delist certain crypto pairs, however, reflects the ongoing balancing act that exchanges must perform to meet the diverse needs of their users.
This article was generated and translated with the help of AI and reviewed by an editor. For more information, see our T&Cs.