Margin trading on CEX.IO with USD & Bitcoin / Ethereum

varys (25)in #margin • 7 years ago (edited)

I've recently fond a crypto currency exchange located in the UK (London) called CEX.IO, you can fund your account with your credit card, by bank transfer and crypto.

The crypto currencies that are traded are Bitcoin and Ethereum, plus you can trade hashing power contracts from a mining pool. The fiat currencies available are USD, EUR, GBP and RUB.

There is also the possibility to margin trade with cyptos and fiat currency pairs (a.t.m. margin trading with Russian Rouble is not active). Margin trading gives you the possibility to borrow assets(coins) from the exchange, thus opening a position with a bigger investment that what you own(margin) in your account balance. The two leverage options are 1:2 and 1:3 thus giving you the possibility to borrow 2 or 3 times more than your invested margin.

A great feature of margin trading is that you can also make a profit by shorting a position, thus if a short trade goes down in value you earn money, on the other side if the short trade goes up you loose your money.

Margin calls in CEX.IO will cancel your trade, thus preventing negative balance accounts.

In the following example we are going to open a position with 1BTC but we want to invest only 1/3 (0.3333 BTC). In this situation we can make a long margin trade with a leverage of 1:3, thus investing only 1/3 (our margin) of the position. We will "borrow" the rest 0.6666 BTC from the exchange.

Please refer to me when signing up with bitconnect.co,
My username is: babayaga
or subscribe by using the link below. https://bitconnect.co/?ref=babayaga

You can check how to make my refferal @8:32 in the video.
For your first bitconnect loan I will give you back 7%.

Once you have done your first loan, send me a private message on my youtube channel or my steemit account informing me on:

the amount you loaned
your username in bitconnect
your bitcoin address to which I'll send you back 7% of your first loan

Once I've verified that you've referenced me on your bitconnect subscription and that your loan is active, I'll send you 7% of your first loan to you bitcoin address.

Cryptocurrency is unstoppable

#cryptocurrency #exchange #trade #leverage