Categories: Analysis

Binance Adds GALA & XEC on Isolated Margin, BUSD Annual Interest Rate Starts at 6.20%!

Announcement from Binance.com

Binance has added GALA and XEC as new borrowable assets on Isolated Margin, and has enabled isolated margin trading for new margin pairs: GALA/USDT, GALA/BUSD, GALA/BTC, XEC/USDT, XEC/BUSD.

BUSD Promotion

  • Users can enjoy a promotional interest rate, with the annual interest rate starting at 6.20% when borrowing BUSD on the Binance Margin platform.

Further information:

Risk Warning: Margin trading carries a substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movement. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Margin.

Thanks for your support!

Binance Team

2021-09-17

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

https://www.binance.com/en/support/announcement/780ae85af63b4f8fa32ee1ad35cf5dc7

Binance

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