Search for:

Binance approves Shiba Inu as collateral asset

Cryptocurrency exchange Binance announced Addition of 22 new assets – some can be borrowed, some can be shown as collateral – Flexible Credit and VIP Credit services.

Inside official statementBinance, Compound (NOTIFICATION), theta (THETA) and Shiba Inu (SHIB). The addition of the second cryptocurrency prompted the community to: Speculate about an upcoming listing on the Bone ShibaSwap (BONE) token exchangeIt coincides with the launch of the Layer-2 blockchain Shibarium, scheduled for August.

After the launch of Shibarium’s PuppyNet testnet, the BONE asset was listed on several cryptocurrency exchanges, including OKX, Huobi, and

Binance announces new assets for Flexible Credit and VIP Credit services. Source: Binance

Binance has expanded its Flexible Loan service with eight new assets (AUCTION, PYR, ILV, KNC, YGG, GAS, CELO, IRIS) that users can now borrow. The VIP Loan service instead added support for six new entities (NKN, FARM, DIA, YGG, OGN, ACA).

Inside separate notice, Binance introduced Nem (XEM) as a new collateral asset. The XEM/USDT pair is now supported on the cross margin trading platform.

Leave A Comment

All fields marked with an asterisk (*) are required