Binance exchange introduced an updated version of the platform.
While #bitcoin is on a tear on price, Binance have rolled out Binance 2.0, with margin access to everyone.
In bear and bull markets, we #BUIDL!
In response to the posting of one of the commentators on new opportunities for bitcoin shorting, Changpeng Zhao also suggested that this is a rather bad idea in and of itself.
Recall that Binance can add margin trading to its platform, it became known in early May, and at the end of the month the exchange showed an updated interface with a new tab “Margin”.
On June 11, the exchange announced the start of the last round of closed testing of margin trading and invited users to participate in it. The offer, however, was limited to thousands of users.
The first liquidation of the marginal position in the framework of these tests took place on Monday, June 24th.