ING:Bitfinex Adds Margin Trading for ALG/USD and ALG/USDt_Farming Paradise

We'repleasedtoannouncethatAlgorandpairs(ALG/USD),(ALG/USDt)willbeaddedtothelistofavailablepairsformargintrading.

From03/03/20at9:00AMUTC,thesepairscanbetradedwithamaximumleverageof2x,aninitialequityof50%andamaintenancemarginof25%.

ThisfollowstherecentlaunchofmargintradingforCosmoswithUSdollar(ATOM/USD).

Margintradingenablestraderstoborrowfundstoincreaseleverage,offeringthepotentialforgreaterprofitsthanintraditionaltrading.Still,thepotentialforgreaterrewardsalsocomeswithhigherlevelsofrisk,particularlygiventhevolatilityofdigitalassets.

Ifyouwishtolearnmoreaboutmargintrading,pleasevisit:https://support.bitfinex.com/hc/en-us/articles/115004555165-Intro-to-Margin-Trading

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