Binance Exchange Added Its Listed Altcoin to Margin Transactions Today!

Binance, the world's largest cryptocurrency exchange, announced a new trading pair in margin transactions.

With the official statement made on May 13, Binance announced that BounceBit (BB), which opened on the board today with a 22x increase, was listed as a borrowable asset in cross and isolated margin transactions at 15.30 CET today.

According to the statement, Binance will give BounceBit investors the opportunity to make isolated and cross margin trading in Tether (USDT) parity. With this listing, investors will now be able to use the BB/USDT trading pair in isolated and cross margin transactions.

In the same statement, Binance announced that it has listed BB in futures with a maximum leverage of 50x.

According to CoinGecko data, BB is trading at $0.466 at the time of writing.

Shares are for informational purposes only and are not investment advice.

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