24/7 Cryptocurrency News

Binance Adds GFT, COS, and SYS to Margin Trading Platform

Binance diversifies with GFT, COS, and SYS for margin trading, offering more choices for traders.

Published by

Published 01 Dec, 2023 | 04:17:18 PM UTC

Binance Adds GFT, COS, and SYS to Margin Trading Platform

Binance has recently broadened its trading horizon by integrating three new altcoins into its margin trading sector. The latest additions to this dynamic platform are Game Fantasy Token (GFT), Contentos (COS), and Syscoin (SYS). These altcoins are now available for margin trading, marking a significant extension in Binance’s diverse portfolio of digital assets.

New Trading Dynamics with GFT, COS, and SYS

Accompanying this expansion, Binance has also unveiled several new trading pairs. These pairs are designed explicitly for the cross-margin trading method. The newly introduced pairs include COS/USDT, GFT/USDT, and SYS/USDT. Post Binance’s addition, they surged by 1.04%, 55.25%, and 5.61% respectively.

Moreover, GFT/USDT has been added as a new pair for traders favoring the Isolated Margin approach. This strategic enhancement in Binance’s trading options is set to cater to broader investor preferences, providing them with increased flexibility in their trading activities.

Binance Enhancing User Experience through Diversification

Integrating GFT, COS, and SYS into Binance’s margin trading portfolio is a testament to the platform’s commitment to offering various assets. By facilitating these new borrowable assets on both Cross Margin and Isolated Margin, Binance is significantly improving the trading experience for its users.

This move also exemplifies Binance’s foresight in adapting to the ever-evolving demands of the cryptocurrency market, ensuring its users have access to a comprehensive range of trading options.

Moreover, last week, Binance extended its portfolio by announcing plans to list the BLUR cryptocurrency token. This addition has garnered significant attention within the trading community, especially given the recent surge in BLUR’s price.

Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.

Published by

Kelvin Munene Murithi

Published 01 Dec, 2023 | 04:17:18 PM

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.