Forex and Crypto News

Binance 2.0 is 90% ready

13:20 30 May /2019

In its Twitter, Binance reported that the updated version of the Binance 2.0 trading platform is 90% ready. The new part of the updated version of the cryptocurrency exchange will be the integration of the margin trading function. The launch of such a service was previously announced by the general director of Binance Changpen Zhao.

The administration of the trading platform is confident that the launch of the margin trading function will have a positive impact on the attractiveness of the exchange.

The exchange has already launched this option in test mode. However, operations aren’t available with all tokens. Only if the M symbol is displayed at the top of the window, this means that margin trading with this digital asset is available to the trader.

The developers emphasize that margin trading won’t be available for residents of the United States, Cuba, North Korea, the Crimea, and Iran.

As part of the Binance 2.0 update, it is also planned to increase the security of transactions, as the marketplace recently suffered from a hacker attack. The hackers have withdrawn from the platform more than 7,000 bitcoins. After this, Changpen Zhao promised users that now trading at Binance will become more secure.

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