Poloniex Now Offers Bitcoin Margin Trading for 14 Altcoins

Marco Verch / Flickr

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.

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.

More: Bitcoin Cash and Bitcoin SV now available for margin trading on Poloniex for non-US customers
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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