The margin tease from has been going on for quite some time now. It was first sighted a month ago or so, when some Reddit users searched through the updated platform code and found some booleans that were referring to margin on the exchange.
Today, however, we may have gotten the official confirmation from that it is adding the margin feature on the platform. But the information was vague, therefore no clear commitment can be made yet.
The feature was even teased during Changpeng Zhao’s AMA session earlier this month when he “confirmed” margin on in the near future. Seemingly, the CEO was not lying and just trying to drive enough hype.
What the CEO did mention, however, that only a handful of traders will get to experience the feature first hand when he said that a few large-volume traders will get to test it when the time comes.
A feature after a breach?
Even though suffered massive security breaches this month, they are on a trajectory of improving their previous mistakes and delivering as much value as possible to the community.
However, many have said that introducing the method to the platform is a cheap way of recuperating their earlier this month. However, it’s definitely not the case as the company has been teasing this feature for quite some time now, as mentioned previously.
Right now, it’s not known when will officially start testing the new platform. All we have to do is wait for leaks from some of those large-volume traders.
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Published at Sat, 25 May 2019 13:26:22 +0000
