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Binance to launch margin trading soon, but not for US users

29 May 2019 : 17:33
< 1 min read

Binance’s eagerly awaited margin trading on their v2.0 platform is set to launch soon, but not for users in the USA. As per trading regulations, a few countries will be excluded from the new feature. The full list of countries that will not be included is Iran, North Korea, Syria, Cuba, Crimea, and the United States.

Margin trading is largely regarded at the most anticipated feature of the new platform, however, Binance has explicitly given a warning to traders that come associated with the risks of margin trading cryptocurrencies. They explained that “margin trading is subject to high market risk”, due to their highly volatile nature.

Whilst no official confirmation has been released by Binance, it is highly likely that BTC, ETH, TRX, XRP, & BNB will be available to trade vs USDT. The release of v2.0 is another major milestone for Binance, whos reputation and own coin BNB, seem to show no signs of stopping.

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