Binance Adding Stargate Finance on Isolated Margin & Cross Margin

Binance has been integrating STG and its functionalities on its several platforms. Binance Convert recently announced adding Stargate Finance on Isolated Margin and Cross Margin.

After the integration, users can trade STG as a borrowable asset on both margins. It adds new Cross Margin pairs like STG/USDT and STG/BUSD. At the same time, these pairs have also been added to the Isolated Margin.

Despite being one of the most popular crypto platforms, the recent news intrigued many users to look for a Binance review. Given STG’s surging popularity, traders tried assessing Binance before using the platform for extensive trading.

The crypto exchange platform released an official post to inform users about the support. The post stated that users could trade Stargate Finance tokens against USDC, BUSD, BTC +, and several other tokens.

In addition, they can check its indicative prices on Binance Convert directly. It is a service that lets users convert their crypto into another crypto within seconds. Binance Convert also supports the Convert feature on the official Binance app.

Its other function is to help users buy crypto on Binance Lite mode. The process of using Binance Convert spans four steps.

  1. It starts with users reaching Binance Convert. There, they need to choose Trade and then Convert.
  2. Afterward, traders should choose any token they want to purchase.
  3. The next step involves clicking Preview Conversion to check the price quote for the transaction.
  4. Lastly, users should tap on Click Convert to finalize the transaction.

Binance has been adding new tokens on its platform to expand traders’ choices. The previous week also added SPELL, IMX, and FIO on Cross Margin, and it also added STG to its Innovation Zone to attract more users.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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