Popular cryptocurrency exchange Bitfinex is apparently going to extend its margin trading capabilities, according to the company’s Chief Technology Officer, Paolo Ardoino. The new developments will allow traders to use as much as 100x leverage.
Following In The Footsteps of BitMex
Bitfinex, the popular cryptocurrency exchange which is also associated with stable coin issuer Tether, will be adding expanded leverage trading capabilities to its platform.
According to CTO Paolo Ardoino, users will be able to use as much as 100x leverage, which is what BitMex exchange traders can currently use.
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