We're pleased to announce the launch of margin trading for Cosmos with US dollar (ATOM/USD).
From 25/02/20 at 9:00 AM UTC, the pair can be traded with a maximum leverage of 2x, an initial equity of 50% and a maintenance margin of 25%.
The addition of margin trading for ATOM/USD follows an increase in maximum leverage for margin trading on Bitcoin, XRP, Litecoin, Ethereum and Tezos.
Margin trading enables traders to borrow funds to increase leverage, offering the potential for greater profits than in traditional trading. Still, the potential for greater rewards also comes with higher levels of risk, particularly given the volatility of digital assets.
If you wish to learn more about margin trading, please visit: https://support.bitfinex.com/hc/en-us/articles/115004555165-Intro-to-Margin-Trading