Poloniex Adds Margin Trading for EOS (EOS) and Cosmos (ATOM)

Marco Verch / Flickr

Circle’s cryptocurrency exchange subsidiary, Poloniex, announced on Wednesday that it has added Bitcoin (BTC) margin trading for two major altcoins: EOS (EOS) and the brand new Cosmos (ATOM).

According to the announcement, EOS and ATOM are now available for margin trading for non-U.S. customers  at 2.5x leverage .

The two altcoins join a plethora of previously available options, including XRP, ETH, BCHABC, BCHSV, ETC, XMR, STR, FCT, LTC, BTS, DOGE, DASH, MAID and CLAM.

“EOS and ATOM won’t be the last, either, because we are working on adding other tokens and base pairs for margin,” states the Poloniex team. “We are expanding the tokens available for margin as part of our effort to make Poloniex one of the most innovative exchanges in the world.”

Previously, Poloniex was the only exchange to allow Cosmos ICO participants to preview and claim their ATOM balance. The move to quickly add margin trading is likely designed to further draw investors looking to gain exposure to or trade the new project.

More: Poloniex makes EOS and ATOM available for margin trading for non-US customers, lowers crypto lending minimum
Image: Marco Verch / Flickr

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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