Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 Days

Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 DaysCryptocurrency lender Dydx advanced a total of $1.14 billion in digital asset loans over the past 12 months. But about 70% of the money was borrowed in just two months, February and March, as coronavirus-linked volatility triggered a frenzy of borrowing among investors. Monthly volume remained below $100 million in the nine months to January […]

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XRP Plummets 56% in One Candle, Bitmex Traders Outraged Over Flash Crash

XRP Price Brought Down 56% in One Candle, Bitmex Traders Outraged Over Flash CrashA number of XRP traders are complaining about massive liquidations on Bitmex as the price of XRP spiked and was brought down by 56% in a single candle. After the incident, well known traders with leveraged positions took to Twitter to complain about the upset as some investors were completely liquidated. Also read: Fed Chair […]

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Coinbase Margin Trading Now Live for Coinbase Pro Users

Coinbase Margin Trading Now Live for Coinbase Pro UsersCoinbase has launched margin trading for users of its cryptocurrency trading platform, Coinbase Pro. Both individual and institutional investors in selected regions now have access to Coinbase margin trading. The company plans to expand access to more regions and provide more types of collateral assets. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett Got […]

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Here’s why Margin Trading can Cost you an Arm and a Leg

TheMerkle_Bitcoin Huobi Margin TradingIn the cryptocurrency world, most people are in it to make money. Although some users will say they believe in the technology, they represent a minority among the current community base. When trying to make money with Bitcoin and select altcoins, margin trading becomes a very appealing option. However, there are several crucial reasons as to why this option should be ignored, especially by novice users.  Don’t Play With Other People’s Money For those who are unaware of how margin trading works – in the cryptocurrency industry and elsewhere – the process is really simple. Users will invest a certain

The post Here’s why Margin Trading can Cost you an Arm and a Leg appeared first on The Merkle Hash.

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PR: MoneyToken Is Launching Its Own Exchange – in Collaboration With Huobi Cloud

MoneyToken Is Launching Its Own Exchange – in Collaboration With Huobi CloudMoneyToken, one of the leading global crypto-lending platforms offering crypto assets-backed loans, has announced the launch of their new MoneyToken Exchange platform in a collaboration with Huobi Cloud.

This gives MoneyToken the ability to leverage Huobi’s technical expertise and security know-how, plus gives users access to the liquidity that Huobi Cloud has to offer.

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What is Leverage Trading?

Trading in cryptocurrencies always involves certain risks. These markets are incredibly volatile, which is part of what makes them so attractive. Some traders are not content with just the volatility, as they want to perform leveraged trading. This can yield vastly higher profits, but can equally incur severe financial losses. It is a double-edged sword […]

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Japanese Regulator Publishes Proposed Rules for Cryptocurrency Service Providers

Japanese Regulator Publishes Proposed Rules for Cryptocurrency Service ProvidersJapan’s top financial regulator has published the final report outlining proposed rules for cryptocurrency service providers to follow. The rules address areas such as hacking incidents, coin listings, financial and price disclosures, margin trading, and crypto custodial services. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Final Report of Proposed Rules […]

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The Daily: Bitfinex Launches Tether Margin Trading, Zebpay Resumes BCH Transactions

The Daily: Bitfinex Launches Tether Margin Trading, Zebpay Resumes BCH TransactionsIn today’s edition of The Daily, we feature a number of recent developments from influential cryptocurrency exchanges including Bitfinex, Coinbase and Zebpay. We also cover the latest investment in the field by Paypal co-founder, Peter Thiel. Also Read: Poll Shows 13% of Russians Use Cryptocurrency for Online Purchases Bitfinex Launches Tether Margin Trading Bitfinex, the […]

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3 Reasons to Check out dYdX’s Open-Source Protocols

derivatives trading

Innovation in the world of cryptocurrency is available in many different forms. Most recently, dYdX is looking to bring something entirely new to the table as they bridge the gap between traditional financial solutions and cryptocurrencies. Always an interesting approach, this concept has a few choice advantages. #3 Margin Trading Support dYdX positions itself as an […]

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