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Binance had the first margin liquidation, which was done on Bitcoin short. At the same time, the exchange added new trading pairs for their stablecoin on their platform.
Binance CEO, Changpeng Zhao just announced on Twitter his exchange just had their first margin liquidation ever.
“We had our first Margin liquidation today,” he tweeted to his 385K followers. He continued by saying that the liquidation was done on a BTC short.
We had our first Margin liquidation today. Guess what, it was on a #BTC short.
— CZ Binance (@cz_binance) June 24, 2019
Don't bet against bitcoin, and don't bet again b...
The announcement receives various comments, such as “Probably it was only for testing purposes, being liquidated with 2x leverage is not possible” from user Domenico Silletti, or “Short with 2x leverage? 😁 May be that person does’t know about bitcoin” from user Jeewan Shrestha.
At the same time, the exchange also announced new trading pairs for their stablecoin, StableUSD (USDS) on the platform.
“Binance will open trading for USDSB/USDT and USDSB/USDS trading pairs at 2019/06/24 10:00 AM (UTC),” so the announcement wrote.
#Binance Adds $USDSB / $USDT and $USDSB / $USDS Trading Pairshttps://t.co/gIo4zKYjXx pic.twitter.com/4j2dHJyTbf
— Binance (@binance) June 24, 2019