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 adjust leverage ratio of 29 margin trading pairs on July 9, 2021(UTC). The details are as follows.
1. Benefit for new Margin traders
10 days of interest-free for the first loan.
2. Margin Pairs Leverage Ratio Adjusted
Leverage Ratio | Leverage Ratio | ||||
Margin Pairs | Before Adjust |
After Adjust |
Margin Pairs | Before Adjust |
After Adjust |
BTC/USDT | 5X | 10X | / | / | / |
ETH/USDT | 5X | 10X | ETH/BTC | 5X | 10X |
BNB/USDT | 3X | 5X | BNB/BTC | 3X | 5X |
ADA/USDT | 3X | 10X | ADA/BTC | 3X | 10X |
DOGE/USDT | 3X | 10X | DOGE/BTC | 3X | 10X |
XRP/USDT | 4X | 5X | XRP/BTC | 4X | 5X |
BCH/USDT | 4X | 5X | BCH/BTC | 4X | 5X |
LTC/USDT | 4X | 5X | LTC/BTC | 4X | 5X |
LINK/USDT | 3X | 5X | LINK/BTC | 3X | 5X |
XLM/USDT | 2X | 5X | XLM/BTC | 2X | 5X |
ETC/USDT | 3X | 5X | ETC/BTC | 3X | 5X |
TRX/USDT | 4X | 5X | TRX/BTC | 4X | 5X |
EOS/USDT | 4X | 5X | EOS/BTC | 4X | 5X |
BSV/USDT | 3X | 5X | BSV/BTC | 3X | 5X |
BTT/USDT | 3X | 5X | BTT/BTC | 3X | 5X |
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
July 9, 2021
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