Monfex Launches A New Trading Platform To Accelerate Tech Revolution In Finance CoinGeek Follow Feb 15, 2019 · 2 min read

Monfex launched a new trading platform that offers margin trading for top digital coins and can be used by both new and expert traders.

The Monfex team aims to transform the way people manage their finances. Prior to launching they had as many as 200,000 pre-registered users. Monfex’s innovation comes in the form of social trading and managed accounts.

Social trading will allow even the newest crypto traders to immediately jump in and start following and imitating the strategies of the top traders in the business. Imagine tracking your favorite celebrity, economist, or crypto personality and sharing their ride to success with them, or even competing with other traders to post the best results.

Managed accounts, another feature planned for 2019, will let people trade for friends and family members — in conjunction with social trading, this means that no matter who the trader is, they’ll be able to grow and expand their client base while turning a profit, and help out other traders as well.

“Finance should be easy. Imagine a world where everything needed to manage your money is available at the touch of a button” says Monfex team member.

On Monfex, traders can speculate on the price movements of digital coins with leverage. The process is similar to futures trading, but the contracts never expire and are granular.

Users can set up an account in just 15 seconds, fund it with Bitcoin, and then trade 12 coins versus USD with up to 50X leverage. More coins are to be released soon.

To bring users this revolutionary product, Monfex leverages relationships with key institutional crypto trading firms, to pass on top pricing and liquidity.

There are new and exciting features on the way that are going to revolutionize crypto trading for everyone. Monfex goal is to simplify and improve the global financial system. It’s crypto trading the way it should be.