Crypto exchange CEX.IO today announced ETH/USD margin trading has been introduced following numerous requests from users. This is the fourth pair for trading with 1:2 and 1:3 leverage on the exchange, after BTC/USD, BTC/EUR and ETH/BTC.
Margin trading allows users to trade more than they would be able to trade using deposit funds only, and that can result in a higher profit.
A forgiving feature of margin trading on the CEX.IO platform is a risk-preventing system guaranteeing that trading cannot move your balance to negative values.
Other benefits of margin trading on CEX.IO are the following:
- Guaranteed stop loss. The system reservices part of the order book so that positions are closed at price, not worse than the stop-loss price.
- Automatic funds borrowing. You do not need to borrow funds in advance. Funds borrowing is done together with position opening.
- No extra accounts. It doesn’t require any additional accounts for margin trading. You can use your ordinary account to trade with leverage.
- Efficient fees. Rollover fee (fee for prolonging position) is charged only while a position is opened and not charged for the first 4 hours.
To trade with leverage, simply proceed to Trade Page, select the trading pair (ETH/USD, BTC/USD, BTC/EUR, ETH/BTC) and click on the Margin Trading tab.
