Margex has increased trading options for users by adding three new tokens, which include Avalanche, USDT (AVAX), USDC (AVAX).
VICTORIA, SEYCHELLES, October 15, 2022 /PRNewswire/ — Margex, a digital asset trading and investment platform that provides global access to a cutting-edge trading infrastructure, has announced three new types of cryptocurrencies that can be used as collateral for crypto margin trading.
Margex adds support for Avalanche, and Avalanche-based Stablecoins
The innovative Margex trading platform has introduced support for three new digital assets for use as collateral when leveraging long and short positions on a variety of cryptocurrency trading pairs.
The rapidly growing list of collateral assets now includes Avalanche (AVAX) and Avalanche-based versions of Tether (USDT.e) and USD Coin (USDC.e) stablecoins.
Avalanche is the fastest smart contract platform in the blockchain industry, providing unparalleled speed and convenience to Margex users.
Leased new collateral assets Crypto Holders access to strike, trade and more
The new digital asset collateral support means Margex users have more options than ever before. All supported collateral assets can be used for margin trading, strike or the Margex exclusive trade while strike function enables crypto holders to use a strike balance as collateral.
Margex regularly adds new features and platform improvements. A crypto price alert tool was also recently launched, enabling notifications when crypto prices, market capitalization levels, or Ethereum gas fees pass user-specified thresholds. The tool is free to use and notifications are unlimited.
The newly added digital assets can be used as collateral starting immediately. To learn more about support for Avalanche, and Avalanche-based USDT and USDC, visit the official website for additional information.
Margex, the first boutique exchange cryptowas founded in 2019 to develop a world-class trading platform that offers the most robust trading solutions, with up to 100x leverage on Bitcoin, EthereumRipple, Uniswap, Litecoin, and other popular digital assets. Margex is trusted by the trading community, with a rapidly growing loyal user base.
For more information about Margex, please visit margex.com.
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SOURCE Margex
