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Bitfinex Adds Margin Trading for BCHN/USD

BITFINEX

Related type: Others

2021-02-17 00:11

We’re pleased to announce that the Bitcoin Cash Node (BCHN), US Dollar (USD) trading pair has been enabled on our suite of margin trading products. From 16/02/21 at 09:00 AM UTC, BCHN/USD can be traded with a maximum leverage of 3.3x, an initial margin of 30% and a maintenance margin of 15%. For more information on BCHN, please visit our knowledge base article. Margin trading enables traders to borrow funds to increase leverage, offering the potential for greater profits than in traditional trading. Still, the potential for greater rewards also comes with higher levels of risk, particularly given the volatility of digital assets. If you wish to learn more about margin trading, please visit Intro to Margin Trading. Important Notes Nothing in this post is financial, investment or other advice. Nothing in this post is an offer to provide or take funding or the solicitation, recommendation or endorsement of any course of providing or taking funding.