Bitcoin Exchange Coinsetter Adds Shorting and Margin
Coinsetter, a reputable New York based Bitcoin exchange, has added margin and shorting, as well as the ability to minimize capital held on a Bitcoin exchange to businesses and market makers. This move is a response to security breaches that have weakened the Bitcoin market. Select customers will now have the option to buy and sell Bitcoin on margin, settling their balances after trades have been executed. This move will minimize the capital held on a Bitcoin exchange and add an extra layer of loss protection for clients. Many Wall Street exchanges already use this method of exchange. Also....
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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....
Coinsetter is a New York City, venture capital financed bitcoin exchange that is dedicated to making bitcoin safe and reliable for active users. Recently the exchange introduced new features to its professional Platform. Operating since 2012, the company offers a transparent and institutional exchange with professional trading features and an easy to use platform. Coinsetter, recently announced the release of what is, by far, the most highly requested feature in their history: margin trading and shorting of Bitcoin extended to all customers, with up to 5X leverage and interest-free margin....
Bitcoin exchange Kraken has announced it has purchased Coinsetter in what amounts to one of the larger mergers of notable brands in the bitcoin ecosystem. As a result of the undisclosed deal, Kraken’s exchange will now be available in 37 US states as well as all 10 Canadian provinces. Coinsetter had previously acquired Canadian bitcoin exchange CAVirtex in April, months after it would close citing security concerns. The sale of New York-based Coinsetter, rumored for months, follows an influx of new and well-capitalized entrants in the US bitcoin exchange market, which has seen startups....
OKCoin, a cryptocurrency exchange that offers trades between Bitcoin (BTC), Litecoin (LTC), US Dollar (USD), and Chinese Yuan (CNY), has added margin trading to its iOS and Android apps. “In our continued efforts to build the world’s best retail and institutional blockchain asset exchange, OKCoin has added margin trading to its iOS and Android Apps. OKCoin.cn CNY users can trade on up to 5x margin while OKCoin.com USD users can trade on up to 3.3x margin. Thanks for your feedback and continued support of OKCoin. We hope you like it!” added OKCoin in a statement. OKCoin released the....
New York City-based bitcoin exchange Coinsetter is still in a beta testing phase, but that's not stopping the platform's users from trading a significant amount of bitcoin. Marshall Swatt, CTO at Coinsetter, announced via Twitter on Tuesday "is starting to achieve some very large daily volume." According to Swatt, the exchange's daily volume has surpassed 1,000 BTC (or over $500k USD). Not bad for a system with a limited user base (for now). Coinsetter describes themselves as a platform designed for the serious trader, capable of handling high-frequency trading and actively sourcing....