Binance, the world's largest cryptocurrency exchange, has announced a new trading pair for margin trading. In a statement made on August 8, it was stated that Toncoin (TON) will be added to the list as a borrowable asset for cross and isolated margin trading as of 17:00. With this development, Binance will offer its investors the opportunity to trade TON with the USDT (Tether) pair for isolated and cross margin trading. TON was listed on Binance as of 13:00 on August 8.

Binance continues to expand its margin trading options in line with its goal of maintaining its leadership among global cryptocurrency exchanges. In this context, it has added Toncoin (TON) to its margin trading portfolio. Starting August 8, investors will be able to perform both cross and isolated margin trading with USDT. This stands out as a significant development for TON, which had not previously been traded on Binance despite its high value.

This new addition offers traders more flexibility and potentially increased returns. Binance allows TON/USDT to be traded in both isolated and cross-margin modes, giving traders the opportunity to manage their risk and optimize their trading strategies. Cross-margin allows traders to spread their margin balance across multiple open positions, while isolated margin helps reduce potential losses by limiting the balance specific to a particular trading pair.

TON’s trading price is around $3.2. The market reaction to this development could indicate increased trading volume and liquidity for TON. Analysts predict that this move could not only attract more investors but also set an example for other high-value altcoins to list on major exchanges like Binance.



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