Binance Margin Introduces Isolated Margin Auto-Transfer Mode
To enhance user experience, Binance Margin has announced the launch of the Isolated Margin Auto-Transfer Mode. This new feature eliminates the need for manual transfers when executing Isolated Margin orders, allowing users to utilize assets from both their Spot and Margin Wallets seamlessly.
How to Use the Isolated Margin Auto-Transfer Mode
To activate the Isolated Margin Auto-Transfer Mode, follow these simple steps:
- Log in to the Binance App.
- Go to the ‘Trade’ section.
- Click on ‘Margin’ and tap on the three dots at the top.
- Select ‘Features’ and choose ‘Preferences’.
- Click on ‘Isolated Margin Trading Mode’ and opt for ‘Auto Mode’.
BNB Price Surges Over 10%
The native cryptocurrency of Binance, Binance Coin (BNB), has experienced a significant surge in price following the introduction of the Isolated Margin Auto-Transfer Mode. At press time, BNB was trading at $327.37, representing a 10.47% increase. Over the past 7 days, BNB has seen a profit of approximately 25% and a gain of 45% over the last 30 days.
The market cap of BNB currently stands at $50.02 billion, with a 24-hour trade volume of $2.09 billion. The recent price rally can be attributed to positive developments within the Binance ecosystem, including the Isolated Margin Auto-Transfer Mode and reaching a milestone of 170 million users worldwide.
Hot Take: Binance Margin Revolutionizes Trading Experience
Binance Margin’s introduction of the Isolated Margin Auto-Transfer Mode has revolutionized the trading experience for users. By eliminating the need for manual transfers and allowing seamless utilization of assets from both Spot and Margin Wallets, traders can enjoy a more efficient and convenient trading process. With BNB’s price surge and the positive developments within the Binance ecosystem, it is evident that Binance continues to innovate and cater to the needs of its ever-growing user base.
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