INEBinance Boosts Access to Portfolio Margin Product and Launches Unified Wallet

Binance Boosts Access to Portfolio Margin Product and Launches Unified Wallet

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Binance, the world’s largest cryptocurrency exchange in terms of trading volume, is expanding access to its Portfolio Margin product for non-VIP customers who maintain a minimum balance of 100,000 USDT in their Cross Margin and Futures accounts. This change is expected to benefit a larger group of Binance traders, particularly those who employ complex portfolio techniques but do not have VIP status.

A significant development has been made in the way Binance users can manage their assets with the introduction of the new Portfolio Margin wallet. To streamline portfolio adjustments and optimization, Binance has merged the USD-M Futures, COIN-M Futures, and Cross Margin wallets into a single, unified wallet. Traders can now use a variety of assets from these combined futures and margin wallets as collateral when utilizing Binance’s Portfolio Margin. This applies to a wide range of trading pairs, amounting to a total of 878 trading opportunities, which include 548 cross margin pairings, 281 USD-M Futures contracts, and 49 COIN-M Futures contracts.

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