Binance Expands Margin Collateral Options with Trump Media Token
Binance has expanded its bStocks product by allowing users to use tokenized Trump Media & Technology Group security, DJTB, as margin collateral. The feature was made available on August 26 for qualifying VIP 3 users and above in approved jurisdictions.
Users can now deposit DJTB as collateral through cross-margin, Unified Account Mode, and Unified Account Pro. However, borrowing the token itself is not currently supported.
The inclusion of DJTB as margin collateral allows eligible traders to utilize the value of their tokenized Trump Media exposure when calculating available margin. Binance will apply a collateral ratio to determine how much of that value counts toward an account's borrowing capacity.