Dear BitMax.io Users,
Margin trading on BTMX will start at 10:00 a.m. EDT on Mar 14th. Please make note of the following specifics:
1. Users are not allowed to short BTMX if there is any BTMX under lock-up in either Cash Account or Margin Account.
2. In the case where the user has USDT loan and owes data usage fee from BTMX loan, any USDT transfer from Cash Account to Margin Account will be applied to the repayment in the following order: data usage fee from BTMX loan > interest from USDT loan > USDT loan.
3. Data usage reward from BTMX under lock-up in the Margin Account will be posted to Margin account. It will serve as repayment for any USDT loan at that time.
For more details of BTMX margin trading, please refer to the announcement:
Thanks for the continued support!
BitMax Official Group: https://t.me/BitMaxioEnglishOfficial