Dear CoinEx users:
As part of the commitment of making CoinEx a world-leading crypto exchange and to provide a better trading experience for our users, CoinEx regularly reviews the trading markets on the platform. Combining users’ opinions, we have decided to supports 41 margin trading pairs on USDT and BTC markets on June 30, 2021. The details are as follows.
1. Newly Supported Margin Pairs
3X USDT Margin Pairs: AAVE/USDT, MKR/USDT, CAKE/USDT, FTT/USDT, CRO/USDT, SHIB/USDT, COMP/USDT, YFI/USDT, SUSHI/USDT, SNX/USDT, MANA/USDT, ENJ/USDT, GRT/USDT, UMA/USDT, CRV/USDT, BAKE/USDT, FTM/USDT, OMG/USDT
3X BTC Margin Pairs: AAVE/BTC, MKR/BTC, CAKE/BTC, FTT/BTC, COMP/BTC, YFI/BTC, SUSHI/BTC, SNX/BTC, MANA/BTC, ENJ/BTC, GRT/BTC, UMA/BTC, CRV/BTC, FTM/BTC, OMG/BTC
5X USDT Margin Pairs: UNI/USDT, MATIC/USDT, HOT/USDT, CHZ/USDT
5X BTC Margin Pairs: UNI/BTC, MATIC/BTC, HOT/BTC, CHZ/BTC
2. Benefit for new Margin traders
10 days of interest-free for the first loan.
3. Risks
(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.
(3) For details about leveraged products, please go to Help Center.
CoinEx reserves the final right of interpretation of this announcement.
CoinEx Team
June 30, 2021
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