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Analysis

Binance Adds CHESS on Isolated Margin, Stablecoins Annual Interest Rate Starts at 6.20%!

October 28, 2021 - Around 2 mins mins to read

Announcement from Binance.com

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

Stablecoins 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.
  • Users can enjoy a promotional interest rate, with the annual interest rate starting at 9.30% when borrowing USDT on the Binance Margin platform.
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits and rates.

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

2021-10-28

Find us on

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/6ccecf57e6b24276a23ce49b77496efd

Analysis

Binance Adds CHESS on Isolated Margin, Stablecoins Annual Interest Rate Starts at 6.20%!

Announcement from Binance.com

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

Stablecoins 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.
  • Users can enjoy a promotional interest rate, with the annual interest rate starting at 9.30% when borrowing USDT on the Binance Margin platform.
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits and rates.

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

2021-10-28

Find us on

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/6ccecf57e6b24276a23ce49b77496efd

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