Poloniex Now Offers Bitcoin Margin Trading for 14 Altcoins
Last week, Circle’s cryptocurrency exchange subsidiary, Poloniex, added Bitcoin-based margin trading for Bitcoin Cash (BCH) and Bitcoin SV, bringing the total altcoins available for with leverage to 14.
There are now 14 pairs available for margin trading with a $BTC base pair for non US customers.
— Poloniex Exchange (@Poloniex) April 12, 2019
According to the announcement, the following altcoins are now available: Bitcoin Cash, Bitcoin SV, Ethereum Classic (ETC), XRP (XRP), Ethereum (ETH), Monero (XMR), Factom (FCT), Litecoin (LTC), Bitshares (BTS), Dogecoin (DOGE), Dash (DASH), MaidSafeCoin (MAID), STR and Clams (CLAM).
“Bitcoin Cash and Bitcoin SV won’t be the last, either, because we are working on adding other tokens and base pairs for margin,” stated the Circle 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.”
Investors can trade in the aforementioned coins with up to 2.5x leverage, while those who already hold the cryptocurrencies can lend their funds for interest.
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.