Huobi's BitYes Offers Margin Trading, P2P Lending, BitVC Scraps Litecoin Futures
Huobi's USD-based exchange, BitYes, has launched margin trading and p2p lending.
Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term will be 3:1, at an interest rate as low as 0.01% per day. In the p2p lending feature, users will offer loans at their desired interest rates, which can be used by traders in the margin offering. The setup is similar to the margin/interest earning scheme of BitVC and its related Yubibao product.
The additions come as the exchange continues efforts to woo USD traders. Nearly two months ago, it launched a maker-taker fee model and waived litecoin trading fees until June 30.
Litecoin trading in general has struggled, leading Huobi's futures exchange BitVC to cancel its litecoin offering. Huobi said in a statement that there was insufficient demand and it was in the best interest of users and the industry to focus 100% on Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term.
Litecoin and the altcoin family have been getting less attention relative to one year ago. There is growing consensus of the need to rally behind a single coin, Bitcoin being the intuitive choice due to its continued dominance. In addition, Bitcoin 2.0 and related technologies have taken the spotlight in recent months, seemingly promising greater future value than the multitudes of Bitcoin clones.
Huobi's USD-based exchange, BitYes, has launched margin trading and p2p lending.
Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term will be 3:1, at an interest rate as low as 0.01% per day. In the p2p lending feature, users will offer loans at their desired interest rates, which can be used by traders in the margin offering. The setup is similar to the margin/interest earning scheme of BitVC and its related Yubibao product.
The additions come as the exchange continues efforts to woo USD traders. Nearly two months ago, it launched a maker-taker fee model and waived litecoin trading fees until June 30.
Litecoin trading in general has struggled, leading Huobi's futures exchange BitVC to cancel its litecoin offering. Huobi said in a statement that there was insufficient demand and it was in the best interest of users and the industry to focus 100% on Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term.
Litecoin and the altcoin family have been getting less attention relative to one year ago. There is growing consensus of the need to rally behind a single coin, Bitcoin being the intuitive choice due to its continued dominance. In addition, Bitcoin 2.0 and related technologies have taken the spotlight in recent months, seemingly promising greater future value than the multitudes of Bitcoin clones.