EXMO crypto -rope launched margin trading

Exmo cryptocurrency exchange announced the completion of the beta testing of the margin platform. The launch of trading on EXMO Margin took place on April 7. This was reported on the Birgin blog.

Until April 14, 2021, the Maker’s commission on EXMO MARGIN is 0%, the Taker’s commission is 0.01%. For this period, the platform also provides a 90% discount on the financing commission. After April 14, the Maker’s commission will remain the same, and the teiker commission will increase to 0.05%.

Exmo Margin beta testing took place in March 2021. 150 EXMO traders participated in it.

“The main condition for obtaining early access was EXM storage on wallets. Users showed high interest in the new capabilities of the exchange and began to buy tokens. This provoked the growth of the course: since the beginning of the year, EXM has grown by 2100% and updated a historical maximum of $ 0.089, ”the exchange team comments.

The platform works on the principle of CFD for the broker (Contract for Difference, a price difference contract). On a spare exchange, the trader formally owns an asset. CFD allows you to trade without ownership of an asset, as well as earn on a fall in prices.

Exmo Margin supports:

• Trading pairs BTC/USD, ETH/USD and XRP/USD, ADA/USD, LTC/USD, Dash/USD, ZEC/USD, BCH/USD, TRX/USD and DOGE/USD;
• shoulder up to 3;
• market, limit, stop, stop-limit and trailing-stop orders;
• the possibility of editing positions and orders on the schedule;
• closing the position with a market order in one click;
• A large set of tools for technical analysis.

In the future, the exchange plans to increase the size of the shoulder and expand the list of trading couples.

EXMO – British cryptocurrency exchange with the support of 190 trading couples. The platform has been operating since 2013 and has been serving 1.8 million customers. Exmo advocates the regulation of the crypto industry and adheres to the AML/KYC policy. In December 2020, the exchange received temporary registration from the UK Financial Supervision Office (FCA).

Recall that earlier Forklog and Exmo told how to determine the end of the bull trend using patterns, the Livermore method and news analysis.

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