exclusive
Binance is preparing to offer margin — even as regulators around the globe crack down on the practice
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Quick Take
- Binance is the world’s biggest crypto exchange
- It is preparing to offer margin to clients, sources tell The Block
- Regulators are cracking down on margin crypto trading
- So this could be a regulatory risk for Binance, but it could also position them to entrench the market further
Cryptocurrency trading is nothing if not risky, and one exchange in the spine-tingling volatile digital asset market is looking to support a trading feature that’ll make it riskier. Binance, one of the largest exchanges in the market, facilitates the trading of over 100 coins and tokens for a client base largely composed of retail investors. […]
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