Binance to Add GoPro and Reddit Tokenized Securities as Margin Collateral Assets

BlockBeats news, September 16th, according to an official announcement, Binance will add two bStocks tokenized securities - GoPro (GPROB) and Reddit (RDDTB) as eligible collateral assets in cross margin, unified account margin, and unified account margin Pro on September 16th at 20:00 (UTC+8), and the corresponding bStocks trading pairs will also open for leveraged trading.

Eligible users can use the aforementioned bStocks tokens as collateral assets for margin trading. This feature is currently only available to users who are VIP 3 or above and located in jurisdictions that permit the provision of such services; borrowing is not supported at this time.