OKEx: Margin Trading Is Available Now For BTC, XRP and LTC

According to the official post on Twitter, crypto exchange OKEx opened up margin trading for two new trading pairs. These are Bitcoin/Ripple’s coin (BTC/XRP) and Bitcoin/Litecoin (BTC/LTC). The trading started on November 6.

Margin trading is a type of trading, when the transaction is done with the help of brokers by buying and selling orders using loans. There is another possible variant, to buy shares, which are able to increase the purchasing power of the investor.

However, users should be very careful with this kind of trading, as it is quite risky. We want to remind you

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https://twitter.com/OKEx/status/1059709540302839808https://thecoinshark.net/poloniex-now-no-margin-trading-for-us-residents-no-three-coins-for-worldwide-users/