Blockchain.com Exchange launches BTC/USD margin trading with 5x leverage

Blockchain.com, a crypto/bitcoin wallet and exchange company, announced today the official launch of margin trading on the Blockchain.com Exchange. Margin trading is currently supported for Gold-verified users and is not currently available for users in the US, UK, Canada, Japan, Germany, Austria, Italy, France, The Netherlands, and other select countries. For now, the margin trading product…
Blockchain.com Exchange launches BTC/USD margin trading with 5x leverage

Blockchain.com, a crypto/bitcoin wallet and exchange company, announced today the official launch of margin trading on the Blockchain.com Exchange.

Margin trading is currently supported for Gold-verified users and is not currently available for users in the US, UK, Canada, Japan, Germany, Austria, Italy, France, The Netherlands, and other select countries.

For now, the margin trading product supports the BTC/USD trading pair.

With margin trading on the Blockchain.com Exchange, users can select between 2x and 5x leverage.

“Ever since we launched the Exchange back in 2019, one of the most commonly requested features is margin trading. I’m pleased to announce today that we’re launching margin — with up to 5x leverage — to users in over 150 countries. I’m particularly pleased that we’re able to provide fees as low as .12% daily (.02% every four hours) on open margin positions, making Blockchain.com’s Exchange margin rates among the lowest and most competitive in the industry.”


– Silvia Chen, Product Manager at Blockchain.com

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
NFT network Enjin grows Efinity platform with 70+ partners amidst Polkadot parachain bid
Read More

NFT network Enjin grows Efinity platform with 70+ partners amidst Polkadot parachain bid

Planned development on Efinity, including commitments from BitBoy's Pluto Alliance and 70+ projects, highlights demand for decentralized Metaverse infrastructure in supporting Efinity's bid amidst the ongoing Polkadot parachain crowdloan... Enjin, a decentralized platform for non-fungible tokens (NFTs), today announced over 70 ecosystem partners have committed to building the decentralized Metaverse on Efinity, a decentralized, self-governed, and…
StoneX executes its first cash-settled bitcoin (BTC/USD) swap
Read More

StoneX executes its first cash-settled bitcoin (BTC/USD) swap

StoneX specializes in providing market access and liquidity in all major asset classes across the globe and is positioned to become an active participant in digital asset markets... Related News Celer, the blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, and more across multiple chains, announced today that a…
Polygon-built prediction market protocol SX Network integrates Celer cBridge
Read More

Polygon-built prediction market protocol SX Network integrates Celer cBridge

Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, privacy solutions and more across multiple chains... Related News Celer Network, a multi-chain operating system, today announced the mainnet launch of its inter-chain messaging (IM) framework. The mainnet launch is the culmination of years of collaboration and refinement…