Binance, one of the largest cryptocurrency exchanges in the world, announced that it has started margin trading for StakeStone (STO).
Binance announced that it has added STO to both cross and isolated margin trading. Users can now engage in margin trading for the pairs STO/USDT and STO/USDC. Additionally, as of May 2, 2025, at 19:20 TRT, the STO asset has been included in the list of borrowable assets.
The exchange had launched spot trading for the pairs STO/USDT, STO/USDC, STO/BNB, STO/FDUSD, and STO/TRY as of May 2, 2025, at 19:00 TRT.
However, Binance reminded users to pay attention to risk management by stating that newly listed assets may have high volatility. Binance also indicated that it may make changes to margin rates, initial and maintenance margin requirements, and trading fees according to market conditions.
Binance users can now hold STO by subscribing to flexible products via the Simple Earn platform, purchase STO directly from the 'Buy Crypto' page using methods like Visa, MasterCard, Google Pay, Apple Pay, and Revolut, and trade STO with zero transaction fees using tokens like Bitcoin (BTC) and Tether (USDT) through Binance Convert.