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Margex: The Future Of Cryptocurrency Derivatives Trading With Up To 100X Leverage!

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Margex: The Future Of Cryptocurrency Derivatives Trading With Up To 100X Leverage!

coinnewsdaily by coinnewsdaily
June 4, 2021
in Business
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Margex: The Future Of Cryptocurrency Derivatives Trading With Up To 100X Leverage!
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Margex: Margin Trading With Price Protection Technology 101 For any seasoned user, margin trading is a double-edged sword: although it can amplify your gains significantly, it can also do the same to any losses you may have. Although a cautious approach is warranted, many dealers who’d otherwise be interested in trying this sort of trading are frustrated. Since it is, with the added volatility of the cryptocurrency marketplace and possible foul play, adding margin trading into the mix can lead to losses which go far beyond what shareholders can take. However, this is not necessarily the case.

Margex MP Shield Protection

Margex is a cryptocurrency derivatives trading system which offers up to 100x leverage. What makes it distinct from other these platforms, however, is their proprietary MP Shield system which works as a protection against cost manipulations.On this particular exchange, the purchase price of an asset is dependent on the joint liquidity of 12 distinct providers.

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This means that a mistake within the supplied data from one provider can’t cause issues on Margex’s end. Further, the number of tradable assets on Margex is quite restricted; while this may seem like a drawback, it is really a means to evade illiquid assets which may be part of a pump and dump scheme. As an added security measure, an AI-based algorithm created by the team monitors the consequences of price feeds from each supplier – which can help identify if a provider, for any reason, begins sending inconsistent data. The same watchful eye is flipped onto dealers on the stage as well: most of suspicious trading actions are consistently monitored.

All of these help address a few of the most common margin trading issues. While the practice is still highly risky and requires significant beforehand understanding – as well as the readiness to potentially lose everything you’ve spent and much more – Margex brings a bit more safety and transparency into the highly volatile cryptocurrency margin trading world.

Other Notable Features

While the cost protection technologies is a significant part of the exchange, it is far from the only feature they have. Starting from the fundamentals, the Margex interface is quite simple to use and favorable towards dealers of all ability levels. A huge part of this is that the fact that all the important features are displayed and tagged in obvious ways in order to evade any confusion. It was widely recognized by those interested in cryptocurrency leverage trading: the stage was hailed as the easiest to use crypto margin trading exchange now on the industry.

There are numerous other reasons for this, aside from the port: the platform offers comparatively low prices and can be privacy-friendly, meaning that all you want to start trading is a valid email address and a funded account. Its leverage which goes up to 100x permits for important flexibility.

Perhaps most importantly, the team listens to their users and requires their wants and feedback into account. They have been quick to include new attributes which were requested by the community. This is a modus operandi that they want to keep: if you are an active Margex consumer and see room for improvement, be sure to reach out to them and let them know.

With these features combined, together with their consistent effort to put their users’ needs first, Margex is among the best crypto derivatives trading platforms available on the marketplace.

How to Acquire a USD 150 Bonus in Margex

So you are all set to provide Margex a shot, but you would appreciate an extra incentive to do so. Or perhaps you’d already determined, even without the bonus, but wouldn’t refuse additional funds to exchange with. Not to worry–that the measures are extremely simple. This is exactly what you need to do: Nothing easier!

  • Create an account on Margex. As soon as you do that, you will get a USD 50 bonus credited to your account.
  • Deposit at 0.004 BTC. Even though you can deposit more, you will require this minimal for another step.
  • Open the support live chat and send the code”COINNEWSDAILY“. Without the quotation marks, obviously – simply click on the live chat bubble on your screen and type the word.
  • Within a day, you may receive another USD 100 bonus. You may have to be a bit patient, since the approach is not as instantaneous as the initial part of the bonus. However, this is as simple as it gets, right?

 

You can click here to start. With USD 150 along with the 0.004 BTC, there is nothing stopping you from dipping your feet into the derivatives trading world on among the most secure exchanges out there. Good luck and never invest more than you can stand to lose!

Trading Fees, Withdrawal, and Deposits 

Deposits and withdrawals 

Margex deposits and withdrawal channels, however, are limited to Bitcoin-only proving a shortcoming for new users who wish to purchase crypto derivatives with fiat. The exchange also provides an option to buy crypto with your credit card through their third-party strategic partner, Changelly.

BTC

Withdrawals are also limited to once per day at 1.00 PM UTC since all funds are stored in a cold storage wallet for security reasons. Withdrawals are charged at 0.0005 BTC plus the variable network fee.

Fees

Margex offers highly competitive fees across all trading instruments with the Maker’s and Taker’s fees ranging at 0.019% and 0.06% respectively.

The exchange also offers overnight funding rates, which are based on numerous factors such as market volatility, the global ratio of open Long/Short trades, and will change accordingly. Financing costs are due every 8 hours.

The full fee structure is available here.

Disclaimer: The following post is part of why CoinNewsDaily Deals Series and has been composed as a promotional post in cooperation with the sponsor of the offer. If your business has an exclusive marketing which you would love to share with our readers, we invite you to achieve out to people. Let’s build together.

Tags: AI-based algorithmBTCBusinessBusiness Financecost protection technologiesCryptoCrypto BusinessCryptocurrencyEyeLeverageMajorMPPlatformpriceTechnologyTradeTradingUSDWhat
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