Categories: Analysis

Binance Adds AXS, LRC, LUNA, MANA, SAND on Cross Margin, Stablecoins Annual Interest Rate Starts at 6.20%!

Announcement from Binance.com

Binance has added AXS, LRC, LUNA, MANA and SAND as new assets on Cross Margin.

New Cross Margin pairs enabled: AXS/USDT, AXS/BUSD, AXS/BTC, AVAX/BUSD, DOT/BUSD, LRC/USDT, LRC/BUSD, LRC/BTC, LUNA/USDT, LUNA/BUSD, LUNA/BTC, MANA/USDT, MANA/BUSD, MANA/BTC, SAND/USDT, SAND/BUSD, SAND/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

2021-11-11

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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/89017e3fa575423d8c86b8e6a9ae5037

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