Blockchain.com, one Crypto/Bitcoin Wallet and Trading Company, Today announced the official launch of margin trading on the Blockchain.com exchange.
Margin trading currently supports gold-authenticated users, and currently does not apply to users in the United States, the United Kingdom, Canada, Japan, Germany, Austria, Italy, France, the Netherlands, and other specific countries/regions.
Currently, margin trading products support BTC/USD trading pairs.
Through margin trading on the Blockchain.com exchange, users can choose between 2x and 5x leverage.
“Since we launched the exchange in 2019, one of the most frequently requested features is margin trading. I am happy to announce today that we will introduce margin to users in more than 150 countries with a leverage of up to 5 times. I am particularly pleased that we are able to provide a fee as low as 0.12% per day (0.02% every four hours) for open margin positions, making Blockchain.com’s exchange margin rate the lowest and most competitive in the industry “
——Silvia Chen, Product Manager, Blockchain.com