Margin trading is a process of trading cryptocurrency with leverage, which allows you to deposit a fixed amount of assets as collateral and borrow multiple times the amount of cryptocurrency from the exchange (while paying a small amount in borrowing fees) to trade with a larger amount of funds than you actually own.
<Benefits of Margin Trading>
① You can trade large amounts of money using only a small amount of money
Leverage can start from small multiples up to 10 times.
② Can begin with a new “sell”
There is both rising and falling in market prices, but in the case of a cash transaction, only the strategy of "buy low, sell high" is where you can make profits.
However, in the case of Margin Trading, since you can borrow and sell coins, you can use a strategy of “sell high, buy low,” allowing you to make profits even in a downturn.
③ There is no additional settlement
What does no additional settlement mean? It means no additional margin. This occurs when the retention rate of the margin falls below the rate set by the exchange in a state in which the cryptocurrency is bought and sold with leverage and the unrealized loss is occurring without settlement.
In such a situation, an exchange that has an additional settlement system will ask the customer for an additional deposit.
Margin Trading for CROSS exchange does not have additional settlement, so your account will not go more into the negative than your account balance. Even beginners can start trading with confidence.
④ Trading Fees are reduced with XEX
The trading fees generated by Margin Trading are reduced for customers with XEX Coins (with a 90-day lockup), so trades are "virtually free".
⑤ Buying and selling are on the same Trade Board as normal trading
CROSS exchange Margin Trading is more liquid because it uses the same trading board as normal trading. You can also use it as a hedge at the time of a market decline by holding a cryptocurrency in cash and having a new selling (short) position through Margin Trading.
① Register with CROSS exchange ＋KYC
② Read the Terms and Conditions of Margin Trading and understand the risks and agree with the terms.