Category: cross-margin

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Cross margin and isolated margin in crypto trading, explained

September 20, 2023

Cross margin uses whole balance, and isolated margin allocates specific collateral for each trade, encouraging diversification. Cross margin vs. isolated margin: Key differences In contrast to isolated margin, which offers greater control and diversification but necessitates more active management, cross-margin trading simplifies risk management while increasing overall risk. Cross-margin trading offers streamlined risk management but…
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Binance to Gradually Phase Out Support for BUSD Stablecoin

August 31, 2023

The world’s largest cryptocurrency exchange by global trade volume, Binance, has announced it is discontinuing support for the stablecoin asset BUSD. The trading platform is encouraging users to swap their BUSD as Binance gradually phases out BUSD markets. BUSD Support Ending on Binance, Users Told to Swap Tokens On August 31, Binance disclosed BUSD support…
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