Margin trading is available for BTC/USDT, ETH/USDT, ETH/BTC, and COB/ETH.
Cobinhood, a cryptocurrency exchange platform, announced on Thursday that it has launched Margin Trading on its platform. Starting Friday, users of the exchange now have access to Margin Trading, Short Selling, and Margin Funding.
According to the statement, Margin Trading on the exchange gives traders access to three times more leverage than previously available for the following crypto pairs: BTC/USDT, ETH/USDT, ETH/BTC, and COB/ETH.
Short Selling is also now available for the same cryptocurrency pairs, allowing traders to have access to potentially higher returns and again have access to three times more leverage.
For Cryptocurrencies COB, BTC, ETH, and USDT, users have access to Margin Funding. This means margin traders are provided with cryptocurrency funds in exchange for interests earned on funding amounts provisioned.
Commenting on the announcement, Wei-Ning Huang, Co-founder and CTO of Cobinhood said: "we are excited to officially roll out our Margin Trading feature, as we continue to improve and expand the COBINHOOD platform."
"Unlike other cryptocurrency exchanges, at COBINHOOD we are constantly innovating our features and services to support traders. We look forward to improving the COBINHOOD platform and offering innovative features that will keep the industry moving forward as it grows."
To assist traders with the new functions available from today, the company reminds that it has tutorials designed to educate users to increase their skills and knowledge of cryptocurrency and Blockchain technology.
Cobinhood Launches Dexon
Cobinhood was launched in 2017 and claims to be the worldβs first fee-free and high-frequency cryptocurrency trading platform. Earlier this year, Cobinhood, announced the launch of a decentralized platform called Dexon. The project is backed by top-tier venture capital firms including San Francisco-headquartered IDG Capital, a firm which manages $20 billion worth of assets.
At the time of the announcement, the firm claimed Dexon to be the fastest blockchain available in the market. It is optimistic that advantages like infinite scalability and low latency will make it ideal for the banking industry and other real-world requirements.
Cobinhood, a cryptocurrency exchange platform, announced on Thursday that it has launched Margin Trading on its platform. Starting Friday, users of the exchange now have access to Margin Trading, Short Selling, and Margin Funding.
According to the statement, Margin Trading on the exchange gives traders access to three times more leverage than previously available for the following crypto pairs: BTC/USDT, ETH/USDT, ETH/BTC, and COB/ETH.
Short Selling is also now available for the same cryptocurrency pairs, allowing traders to have access to potentially higher returns and again have access to three times more leverage.
For Cryptocurrencies COB, BTC, ETH, and USDT, users have access to Margin Funding. This means margin traders are provided with cryptocurrency funds in exchange for interests earned on funding amounts provisioned.
Commenting on the announcement, Wei-Ning Huang, Co-founder and CTO of Cobinhood said: "we are excited to officially roll out our Margin Trading feature, as we continue to improve and expand the COBINHOOD platform."
"Unlike other cryptocurrency exchanges, at COBINHOOD we are constantly innovating our features and services to support traders. We look forward to improving the COBINHOOD platform and offering innovative features that will keep the industry moving forward as it grows."
To assist traders with the new functions available from today, the company reminds that it has tutorials designed to educate users to increase their skills and knowledge of cryptocurrency and Blockchain technology.
Cobinhood Launches Dexon
Cobinhood was launched in 2017 and claims to be the worldβs first fee-free and high-frequency cryptocurrency trading platform. Earlier this year, Cobinhood, announced the launch of a decentralized platform called Dexon. The project is backed by top-tier venture capital firms including San Francisco-headquartered IDG Capital, a firm which manages $20 billion worth of assets.
At the time of the announcement, the firm claimed Dexon to be the fastest blockchain available in the market. It is optimistic that advantages like infinite scalability and low latency will make it ideal for the banking industry and other real-world requirements.
Binance Faces $4.38M Fine from Canada's Anti-Money Laundering Watchdog
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
π£ Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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