Bitcoin Exchange Kraken Launches Margin Trading
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....
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CEX.IO Bitcoin exchange has launched BTC/USD and ETH/BTC margin trading with special risk-preventing system. The BTC/USD and ETH/BTC margin trading with 1:2 and 1:3 leverages comes with a range of competitive advantages making it easy and attractive even for beginners. Thus, no extra margin account is required to be opened to trade with leverage, and borrowing funds is done automatically together with position placement. The risk-preventing system ensures that the position will be closed at price and not worse than the stop loss price. Therefore, margin trading cannot move user’s balance....
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....
As Bitcoin exchanges in China halt margin trading, zero-fee trading may also be on the chopping block as the industry awaits regulation. China Halts Margin Trading Following the inspections conducted by the People’s Bank of China, the country’s ‘Big Three’ Bitcoin exchanges BTCC, OKcoin and Huobi have stopped margin trading services. Although no official statement from the PBoC has been issued regarding the legality of the margin loan services, media reports state that the platforms’ margin trading “violated rules” and resulted in abnormal price volatility. BTCC CEO Bobby Lee reacted to....
Kraken, a popular bitcoin exchange, has announced that they will be redesigning their website as the exchange comes closer to implementing margin trading. Kraken seeks to make their website more intuitive and friendly to newer users. The company will be focusing on making their design simpler and making it easier sign up to and learn how to trade on the website. The new design is set to implemented in “the next few days.” The company will be removing the “monster” login, which generated an unique image of a monster for every IP address. Before you logged in, by looking at the monster image....
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....