In a tweet sent out on Tuesday Binance confirmed they are looking to increase trading leverage to 5x. In July, the massive Malta-based digital asset exchange pioneered its margin trading feature and said it would only support 3x leverage until the latest revelation. There had been rumours flying around prior to the release that the exchange were set to step up leverage to 20x but although this is not available now who knows what they have in store for the future. The platform also added more crypto coins to its scope of leveraged assets, which include: XLM, ETC, BCHABC, ADA, USDT, TRX, BNB, and BTC. To put this move into perspective it is still very conservative, as some brokerages like BitMEX allow up to 100x leverage. Although on the plus side it seems the broker is a well-trusted one in the industry as it recorded over the USD 50 million volume figure in its last monthly report. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/USD Technical Analysis: Euro trading mixed ahead of FOMC minutes FX Street 3 years In a tweet sent out on Tuesday Binance confirmed they are looking to increase trading leverage to 5x. In July, the massive Malta-based digital asset exchange pioneered its margin trading feature and said it would only support 3x leverage until the latest revelation. There had been rumours flying around prior to the release that the exchange were set to step up leverage to 20x but although this is not available now who knows what they have in store for the future. The platform also added more crypto coins to its scope of leveraged assets, which include: XLM, ETC, BCHABC, ADA,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
