CEX.IO Launches Margin trading for BTC/USD and ETH/BTC

CEX.IO Bitcoin exchange has launched BTC/USD and ETH/BTC margin trading with special risk-preventing system.

The BTC/USD and ETH/BTC margin trading with 1:2 and 1:3 leverages comes with a range of competitive advantages making it easy and attractive even for beginners.

Thus, no extra margin account is required to be opened to trade with leverage, and borrowing funds is done automatically together with position placement.

The risk-preventing system ensures that the position will be closed at price and not worse than the stop loss price. Therefore, margin trading cannot move user’s balance to negative values.

Margin trading fees include commission for position opening and rollover fee that is charged only for efficient time period while position is opened, and it is not charged for the first 4 hours.

The introduction of margin trading by exchange coincides with the launch of variable trade fee schedule, which is volume-tiered. Maker fee remains 0% within the new scheme, and takers can lower their fee from 0.2% to 0.1% the more they trade using their accounts.

Established in 2013 as the first cloud mining provider, the London-based cryptocurrency exchange has become a multi-functional cryptocurrency exchange that is trusted by owners of its 700,000 user accounts.

It offers cross-platform trading via website, mobile app, WebSocket and REST API, providing access to high liquidity orderbook for top currency pairs on the market.

The exchange prides itself in its record that none of its users ever experienced account funds theft and sees the practical support of such reputation as an affair of honour.  Its Bitcoin depositing wallet addresses have been changed to multi-signature Bitcoin addresses to offer an extra security layer for users.
CEX.IO, which is one of the oldest Bitcoin exchanges, is planning to launch margin trading on other pairs in the nearest time.

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