Kraken Introduces Margin Trading
Kraken, a popular San Francisco-based cryptocurrency exchange, announced on Wednesday on the /r/BitcoinMarkets subreddit that its new margin trading option entered Beta launch. The launch of this option comes right after another popular exchange, Poloniex, opened a similar feature a few days ago. Margin Trading is the practice of buying stock with money borrowed from a broker. In this arrangement, the investor makes a cash down payment, called the margin, with the broker and can purchase stocks worth about twice the loan amount. The broker charges interest on this loan, and the investor....
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San Francisco-based Bitcoin exchange Kraken has announced the launch of margin trading via a press release. This development lifts Kraken in the league of those few exchanges who allow their clients to trade Bitcoin on margin. Notable exchanges offering leveraged trading are OKCoin, BTC-e, BitMex and Bitfinex. Kraken users, who have verified their accounts to Tier 3 or Tier 4, can leverage up to 20 times in the coming weeks. Interested ones should click here to learn more about the Verification Tiers. Initially, clients will be able to trade only Bitcoin/Euro (XBT/EUR) on margin, with US....
Coinsetter introduced new features to its Platform. Bitcoin traders are now able to use Bitcoin Margin Trading, Shorting. Costumers, now have access to 5.0x leverage and shorting with interest-free margin. This Monday, the New York-based bitcoin exchange, announced the extension of margin trading capabilities to all of its users. Coinsetter users can trade with margin by posting collateral of as low as 20% of the margin balance added to an account. Collateral can be posted entirely in bitcoin if preferred, and margined positions do not accrue interest-a feature that is unique to....
OKCoin yesterday added a new 'margin management' system to its recently launched Futures trading platform, allowing multiple margin balances for a trader's different positions. Margin management replaces a previous system which allowed only a single margin balance for all positions held. This meant that gains and losses of individual positions had the potential to impact each other by drawing on the same margin balance. An OKCoin representative said: "As a pioneer of crypto-futures trading, OKCoin has devoted time to refining its platform to accommodate the most sophisticated traders in....
Kraken is a new exchange for cryptocurrencies. After its long beta test phase, it has just been officially opened for trading. It is the brainchild of Jesse Powell, the CEO of San Francisco-based company Payward. Kraken has been designed to bring digital currency traders some of the same features enjoyed by forex traders such as stop orders and margin trading. The graduation from beta status was announced on the bitcoin forum. It was also announced that several features in the original beta version would not be graduated to the live version for another month: margin trading and the ability....
Margin Trading Was The Cause? Some theorize there are whales (people with large enough funds that they can make the market shift noticeably) who are pushing (selling lots of Bitcoins) through margin calls. Margin calls is an element of margin trading. A margin trader can deposit funds in a specified account with a related business - in this scenario, digital currency exchanges. Or specifically some have mentioned Bitfinex. Once a margin trader has deposited her or his funds they receive percent of it back as credit. For example, you deposit $5,000 in Bitcoin and you would have your account....