31 Aug BFX Margin Trading Is Live
Posted at 13:26h in Announcements
We have enabled margin trading for the the BFX pairs BFXBTC and BFXUSD. Margin funding has also been enabled allowing users to place BFX margin funding offers and bids.
Margin requirements for BFX trading will be identical to those of BTC, LTC, ETC, and ETH: 30% initial margin (3.3x leverage) and a 15% maintenance margin requirement. Positions on BFX pairs can be backed with BTC, USD, ETH, ETC, and/or BFX. Please be aware that BFX tokens are volatile digital tokens whose value may fluctuate rapidly and in the case of liquidation we can only accord each BFX token its market value at the time.
Please note that we cannot extend BFX margin trading privileges to our US-based customers at this time – we apologize for the inconvenience.