It was announced today that margin trading on bitcoin and cryptocurrency exchange CEX.IO has been further improved. From now on, traders are free to choose the collateral currency for their position placement.
For example, if you are intending to open position for ETH/BTC, it’s up to you which currency to choose as collateral — ETH or BTC.
Currently, margin trading is available for BTC/USD, BTC/EUR and ETH/BTC pairs with 1:2 and 1:3 leverage.
The popular bitcoin exchange with over 700,000 users stated it’s planning to introduce margin trading for other pairs in the near future as well.
