Binance will assing leverage based on a trader’s experience

According to an interview from Finance Magnates with Gin Chao, who is the Chief Strategy Officer of one of the world’s largest cryptocurrency exchanges, Binance will most likely introduce a framework which will calculate the leverage based on the trader’s experience. Chao had quite a long talk with the news outlet, where comments were shared about collaborations with Facebook and the integration with the US market, but what struck the most interest was Binance’s leap towards a more lucrative platform. According to Gin Chao, Binance will definitely not go for 100:1 leverage caps as it’s deemed to be quite dangerous