Huobi Will Now Take Your Bitcoins as Stock Trading Collateral
Huobi has launched a service allowing users to mortgage their bitcoins in return for Chinese yuan (CNY) loans to purchase real shares on the Shanghai Stock Exchange. The platform, Caimao, allows investors disappointed with the recent slump in bitcoin price to put that value to use in an asset class that has grown 125% in the past year. Customers will use the Caimao platform to deposit their bitcoins and also buy and sell individual shares of their choice. They can borrow up to 60% of the BTC deposit value. Funds for borrowing are supplied by a third-party provider. The move takes some....
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First Global Credit, a Switzerland.-based financial services company that allows bitcoin to be used as collateral margin to trade stocks, has expanded its range of equities to include shares traded on the London Stock Exchange, according to Finance Magnates. A trading and financial services company that focuses on bitcoin, First Global Credit allows bitcoin holders to use the value of their cryptocurrency in the same way other traders use fiat currency to create profit potential. Customers use bitcoins as assets to generate returns trading stocks, EFTs, precious metals, commodities and....
Do you wonder why the Bitcoin price suddenly have increased this weekend? Take a look at the graph below of the Huobi trading volume. They have an insane trading volume now with more than 200 Bitcoins being traded every minute. They beat both Mt. Gox, Bitstamp and BTC China. So why has Huobi surpassed BTC China in trading volume? It has been said that current exchanges in China have used their CEO's personal bank accounts to start it off. BTC China's CEO Bobby Lee has been able to put up corporate bank accounts because of the risk involving his own personal bank account.While Thus Li Lin,....
Bitcoin margin trading platform First Global Credit has announced that is expanding its range of available equities by including shares that are traded on the London Stock Exchange (LSE). The trading platform, which reportedly entertains circa $2 million worth of stock trades every month, is among the first and the foremost companies to have used Bitcoin as a collateral margin to trade traditional equities. It means that traders do not have to lose access to their Bitcoin holdings; instead, they can use these holdings as margins to secure position in stocks and ETFs. First Global Credit’s....
In 2020, crypto derivatives trading replaced spot trading as the most popular digital assets exchange segment. To meet the increased requirements of sophisticated and retail traders, Huobi Futures – the derivatives arm of Huobi Global crypto exchange ecosystem – introduces new instruments. Huobi Futures meets bullish run locked and loaded: novelties and adjustments Launched in December 2018, Huobi Futures is a crypto derivatives ecosystem of Huobi Global, one of the oldest digital assets exchanges. Huobi […]
It’s a brand new year, which means that you are probably looking for opportunities to increase your economic wealth. One great way to build your wealth is by trading on the stock market, and 2016 promises to be a very rewarding year on the stock market. While there are tons of options available to put cash into your bank account via the stock market in 2016, one of the most exciting options that promises to offer financial gain is bitcoins and binary options. What are Bitcoins and Binary Options? Binary options refer to a form of online trading. This type of trading came around about 2....