Dear BitMax.io Users,
BitMax.io will enable margin trading for ALGO under the trading pairs of ALGO/USDT and ALGO/BTC at 11:00 a.m. EDT on June 21st.
Daily interest rate: 0.15%
Daily interest rate paid by points: 0.075%
Reference Price: The reference price is computed by taking an average last trade price from the following four exchanges (upon availability at the time of computation)- BitMax.io, Binance, Huobi and OKEx , and removing the highest and lowest price.
Please note that going forward daily interest rates for margin trading are subject to change without notice. They will be adjusted based on the market conditions. Therefore, before trading, please check the Fee page for updated interest rate.
Thanks for the continued support!
Jun 21st, 2019
Telegram Group: https://t.me/BitMaxioEnglishOfficial