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Does Binance automatically acquire a certain amount of an asset when they list the asset for margin trading? If so, how much?

Binance

Cryptocoins Exchanges / Binance 141 Views

I’ve been making an attempt to margin trade numerous lower-profile belongings over the past few days but I’m getting the same message: “On account of high borrowing demand, there are presently inadequate loanable belongings for (asset identify.) Please modify your borrow quantity or attempt once more tomorrow.”

Even adjusting the borrow quantity to 1, it nonetheless provides the same message.

Out of curiosity I’ve checked a random number of belongings on numerous Binance market lists, and I’m getting the same message.

Others have posted about this borrowing situation prior to now, however I’d wish to know if Binance has stated how much of an asset they acquire for lending functions once they listing an asset to margin trading.

I can’t find any clear info on-line about Binance’s reserve in relation to these decrease profile belongings. It’s not like they’re low performing belongings. They've vital sufficient quantity to make a commerce value taking.

Any perception can be useful.

submitted by /u/HereForTheSong
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