Dear CoinEx Users,
To provide you with diversified investment options and better trading experience, CoinEx regularly reviews the trading markets on our platform. Combining user opinions, CoinEx will supports more margin trading pairs on USDT and BTC markets on June 25, 2021. The details are as follows.
Margin Pairs Newly Supported
3X USDT Margin Pair：ICP/USDT, SOL/USDT, FIL/USDT, KSM/USDT, AVAX/USDT, LUNA/USDT, HBAR/USDT, DCR/USDT, EGLD/USDT, XEM/USDT, WAVES/USDT, ZIL/USDT, NEAR/USDT, ERG/USDT, NANO/USDT, ZEN/USDT,DGB/USDT, ZRX/USDT, SC/USDT, TRTL/USDT
3X BTC Margin Pair：ICP/BTC, SOL/BTC, FIL/BTC, KSM/BTC, AVAX/BTC, LUNA/BTC, HBAR/BTC, DCR/BTC, EGLD/BTC, XEM/BTC, WAVES/BTC, ZIL/BTC, NEAR/BTC, ERG/BTC, NANO/BTC, ZEN/BTC,DGB/BTC, ZRX/BTC, SC/BTC,TRTL/BTC
5X USDT Margin Pair：DOT/USDT, VET/USDT
5X BTC Margin Pair：DOT/BTC, VET/BTC
Benefit for new Margin traders:
10 days interest free on first loan.
More margin trading pairs would be launched in coming weeks. Please stay tuned for further announcement.
What is Margin Trading? (Learn more here)
Margin trading refers to the practice of magnifying your actual funds with potentially amplified gains or losses. Please fully understand its risks before engaging in Margin Trading as the crypto market often swings drastically.
1. Margin Trading not only allows you to magnify gains with fewer funds but can also saddle you with amplified losses when the market moves against you. Therefore, we strongly advise entry-level users not to use highly leveraged trading to avoid forced liquidation or even bankruptcy.
2. Margin traders should also reasonably use leverage, adjust their positions, and learn when to take profits or cut losses by liquidating positions.
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the right of final interpretation of this announcement.
June 25, 2021