• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • Blockchain Economy Summit, Istanbul (July 27-28, 2022)
    • Web3 Delight, Lagos (July 29, 2022)
    • NFT Expoverse, Los Angeles (July 29-31, 2022)
    • World Financial Innovation Series, Philippines (August 16-17, 2022)
    • Coinfest Asia, Bali (August 25-26, 2022)
    • Game On! (September 8-9, 2022)
    • MetaWeek, Dubai (September 11-14, 2022)
    • Future Tech Event, Oman (September 12-13, 2022)
    • METAVSUMMIT, Dubai, UAE (September 14-15, 2022)
    • NFT Show Europe, Spain (September 17-18, 2022)
    • TOKEN2049, Singapore (September 28-29, 2022)
    • Blockchain Expo North America (October 5-6, 2022)
    • AIM Summit, Dubai (November 21-22, 2022)
  • Past Events
    • Event Horizon
    • Blockchain Life
    • BlockShow Europe

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Trade on the world's major crypto exchanges:
Binance | FTX | Huobi
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Binance could launch its own stablecoin and margin trading

May 3, 2019 By Crypto Reporter

Binance could be potentially exploring an opportunity of launching its own stablecoin. It was hinted by the company’s CEO, Changpeng Zhao (CZ).

Thus he commented a tweet of one of the users, CryptosBatman, when the latter surmised that a hypothetical stablecoin run on Binance network would exercise considerable advantages and could substantially increase the utility of BNB coin.

“Careful what you wish for,” wrote CZ.

Careful what you wish for.

— CZ Binance (@cz_binance) May 1, 2019

Interestingly, CZ used the phrase in the past when Binance was working on something hidden away from public right before unveiling it to the world.

The exchange could also launch margin trading, as noted by lifofifo, a Reddit user. According to him, margin trading flag isMarginTradingAllowed has been enabled for 9 trading pairs in the Binance API.

Changpeng Zhao has not denied the user’s assumption, pointing that API framework is getting ready for system update. Yet he hasn’t specified the exact update dates.

Image via Flickr

Since the beginning of year the BNB coin gained nearly 300%.

On April 25 Binance launched trading on its decentralised exchange Binance DEX. The first listed pair became MITH/BNB (Mithril/Binance Coin).

Filed Under: General News, News Tagged With: Binance, BNB, DEX, exchanges, margin trading, news, stablecoins

Primary Sidebar

Follow Us

Press Releases

Axelar, Aurigami, and Trisolaris Join Forces to Bring Secure Cross-Chain Lending and Liquidity to NEAR Protocol’s Aurora

August 9, 2022

THORWallet DEX Integrates Rango Exchange to Expand DeFi Swapping Possibilities

August 8, 2022

Asia’s Largest Web3 Event TOKEN2049 Hits 200 Sponsor Milestone, Announces New Headline Speakers

August 8, 2022

Project Eluüne: StarGarden Expands to Polygon Amid Multimillion Dollar Funding Round

August 5, 2022

Longevity: Rejuve launches AI-powered app to remove privilege from the fight against ageing

August 5, 2022

CME Group to Launch Euro-denominated Bitcoin and Ether Futures on August 29

August 5, 2022

BitMEX launches the first-ever FX perpetual swap contracts, bringing crypto innovation to worldwide forex markets

August 4, 2022

CoinDCX announces UNFOLD 2022, a Web 3.0 event to showcase India’s role in building a new internet economy

August 4, 2022

NFT Expoverse

WFIS2022

Coinfest Asia

MetaWeek

Future Tech Event

NFT Show europe

AIM Summit

Footer

Crypto Reporter is an online magazine about digital currencies and blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2022 Crypto Reporter