Thursday, May 2, 2024

Margex Introduces Round of Major Updates

Margex, the fastest-growing cryptocurrency trading platform, recently announced a list of major updates, including multiple new deposit options, cutting-edge collaterals, and more, placing it ahead of the curve when it comes to cryptocurrency trading.

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Expanding on Accessibility, Adding More Deposit Options
Margex’s expanding the list of deposit options and has recently listed ETH, USDC, Link, USDP, wBTC, PAX, Tron and USDT (erc20 and trc20), the latter allowing for deposits and withdrawals to be made with fees of as little as $1.

DAI and Terra USD are also available for the DeFi community on Margex, allowing users to protect their trading profits in the volatile market.

Each new deposit method comes with a $100 bonus, which can be claimed for each coin separately, after opening a wallet and making a deposit in the relevant currency.

Collaterals and Setting Deal Outcome
Another feature of the latest update is the addition of cross-collaterals. This feature, unique to Margex, allows users to trade all available pairs with their preferred collateral without the need to own any of the underlying assets used in the trade – all in one account, without the need to swap assets

The cross-collaterals greatly improve risk exposure by allowing users to select any of the coins available on the platform to be used as margin while trading.

Margex is the go-to cryptocurrency trading platform for thousands of traders who prefer having full control over their trades as well as transparency and security. Along with the premium user experience, the platform offers up to 100x leverage on all its trading pairs such as Bitcoin, Ethereum, Ripple, EOS, Litecoin, and exclusively Yearn.finance.

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