We'repleasedtoannouncetheincreaseinmaximumleverageonmargintradingforseveralcryptocurrencypairsonourplatform,designedtoenhancethetradingexperienceofourusers.
From21/02/207:30AM(UTC),XRPtoUSdollar(XRP/USD),XRPtobitcoin(XRP/BTC),bitcointoeuro(BTC/EUR),bitcointoTether(BTC/USDt),EthereumtoTether(ETH/USDt),andLitecointoUSdollar(LTC/USD)cannowbetradedwithahighermaximumleverageof5x.
ThisfollowstherecentincreaseinthemaximumleverageformargintradingonEthereumpairs(ETH/USD),(ETH/BTC),EOSpair(EOS/USD)andTezospairs(XTZ/USD),(XTZ/BTC).
Margintradingenablestraderstoborrowfundstoincreaseleverage,offeringthepotentialforgreaterprofitsthanintraditionaltrading.Still,thepotentialforgreaterrewardsalsocomeswithhigherlevelsofrisk,particularlygiventhevolatilityofdigitalassets.
Ifyouwishtolearnmoreaboutmargintrading,pleasevisit:https://support.bitfinex.com/hc/en-us/articles/115004555165-Intro-to-Margin-Trading
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