Binance Expands Cross Margin with New Trading Pairs for Altcoins
Binance has continued its efforts to deepen liquidity options for major altcoin markets by expanding its Cross Margin platform.
The exchange has added new trading pairs for several prominent altcoins, including Dogecoin (DOGE), Pepe (PEPE), Cardano (ADA), and Bittensor (TAO).
The newly introduced pairs give traders more flexibility in how they manage leveraged positions across these assets. Cross Margin trading pools all available funds in a margin account to support open positions, reducing the risk of forced liquidation and allowing positions to stay open longer during volatile market conditions.
The addition of these pairs coincided with a broader resurgence in the cryptocurrency market, which may have contributed more significantly to the price gains experienced by these altcoins. The entire market rebounded sharply in the past 24 hours, with Bitcoin climbing back above $68,000 and Ethereum approaching the psychologically significant $2,000 level.
The use of U (United Stables) stablecoin as a trading base currency is also notable. Binance has quickly integrated U across multiple markets, suggesting a deliberate strategy to position it alongside USDT and USDC. This move gives traders more flexibility in how capital is deployed and offers an alternative for those looking to avoid exposure to any single stablecoin issuer.