With CROSS exchange margin trading, all “coin borrowing / repayments” necessary for trading is now automated.
Margin trading, unlike real trading, requires the work of “borrowing coins before trading and repaying them afterwards.”
CROSS exchange will automate this difficult to understand procedure by allowing users to concentrate on trading.
＜Pointer＞💡
In the case of margin trading of other companies, you apply for borrowing in advance, but CROSS exchange automatically allows the borrowing of coins simultaneous to when you place a trading order. Customers do not have to go through a borrowing process.
In addition, CROSS exchange customers will not have to do anything for the repayment of coins after the transaction is completed. When the position is settled, "coin repayment, trade fee payment" is automatically conducted with the profit being returned to the customer's wallet.
■ Conventional Margin Trading has 4 Operatives
1. Transfer (transfer from your Ordinary account to your Margin account)
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2. Borrow (the borrowing of coins)
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3. Trading (conduct a margin trade)
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4. Repay (payback the borrowed coins)
＜Margin Trading examples of a famous major exchanges＞
BINANCE
OK Ex
Margin trading is divided into Transfer, Borrow / Repay, and Trade, as the user is required to perform four operatives.
In the case of margin trading of other companies, “the coin borrowing fee is incurred without even trading”. Also, if you forget to repay the coins after completing the trade, you will continue to pay the borrowing fee the entire period.
■ CROSS exchange Margin Trading requires only 2 operatives!
1. Transfer (transfer from your Ordinary account to your Margin account)
↓
2. Trading (conduct a margin trade)
Borrowing (coin borrowing) & Repaying (coin repayment) will incur a borrowing fee when the user conducts a trade and it will be automatically repaid when the trade is completed.
＜CROSS exchange Margin Trading Order details＞
"Borrowing / repayment of coins" is automatically performed on the trading screen.
Well, what do you think? Please take advantage of the convenience of our Margin Trading!