Bitcoin exchange CEX.IO launches BTC, ETH margin trading with risk-preventing system
UK-based bitcoin exchange CEX. IO announced in a press release sent to CoinReport the launch of bitcoin (BTC)/USD and ether (ETH)/BTC margin trading with 1:2 and 1:3 leverages on its platform. The exchange also said that it has developed a special risk-preventing system that ensures that user’s balance is not moved to negative values by margin trading.
‘Bitcoin margin trading by CEX. IO has a range of competitive advantages making it easy and attractive even for beginners,’ said the exchange. ‘Thus, there is no need to open any extra margin account to trade with leverage, and borrowing funds is done automatically together with position placement.’
This post was published at Coin Report on 18 Oct 2016.