Dear BitMax.io Users,
BitMax.io will enable margin trading at 5:00 p.m. EST on Feb 14th, 2019. Go to Margin on the top menu bar to start.
Margin trading on BitMax.io is a financial derivative instrument of cash trading. BitMax.io users can leverage their tradable asset for potential higher return on investment. However, they must also understand and bear the risk of potential losses from margin trading.
Margin trading on Bitmax.io requires collateral in order to support up to 3x leverage initially. Users do not need to manually request for borrow or return. When users transfer their BTC, ETH, USDT, and XRP assets to their “Margin Account”, all account balances can be used as collateral.
Currently BitMax.io supports margin trading in four currency types– BTC, ETH, USDT and XRP. The currency pairs that can be traded on margin are BTC/USDT, ETH/USDT, ETH/BTC, XRP/USDT, XRP/BTC and XRP/ETH.
Thanks for the continued support!
Feb 14th, 2019