Blockchain.com, a crypto / bitcoin wallet and exchange company, today announced the official start of margin trading on the Blockchain.com Exchange.
Margin trading is currently supported for Gold Verified users and is not currently available to users in the US, UK, Canada, Japan, Germany, Austria, Italy, France, the Netherlands, and other select countries.
At the moment the margin trading product supports the BTC / USD trading pair.
When margin trading on the Blockchain.com Exchange, users can choose between 2x and 5x leverage.
“Since we launched the exchange in 2019, one of the most requested features has been margin trading. I’m excited to announce today that we’re rolling out a margin – up to 5x leverage – for users in over 150 countries. I am particularly pleased that we can offer fees as low as 0.12% daily (0.02% every four hours) on open margin positions, making Blockchain.com’s exchange rate margin rates among the lowest and most competitive in the world Industry makes. ”
– Silvia Chen, Product Manager at Blockchain.com