Cryptocurrency exchange giant Binance again captured noteworthy investor attention as it unveiled a key announcement on six cryptos this Monday. The crypto exchange revealed that the collateral ratio for CELO, IOTX, LRC, ALICE, AUDIO, & ICX tokens under the portfolio margin will be updated shortly ahead. As a response, market watchers speculate over the update’s impact on prices as the new offerings provide less market value.
Binance Reduces Collateral Ratio For 6 Crypto Tokens
In an official Binance announcement dated March 10, the crypto exchange revealed that it will reduce the collateral ratio for six tokens under the margin portfolio starting March 14 at 06:00 UTC. As per the announcement, this update will be completed in just an hour.
Here Are The Updated Collateral Ratio For 6 Crypto:
CELO
The collateral ratio is to be reduced from 80% to 70%.
IoTeX (IOTX)
Binance revealed that IOTX collateral ratio is to be reduced from 80% to 70%.
Loopring (LRC)
Loopring collateral
We współpracy z: https://coingape.com/binance-issues-key-update-on-these-6-crypto-whats-happening/
