What’s Cryptocurrency Margin Trading?
Conventionally, Cryptocurrency trading can only start with a BUY to open order.
However, in the form of margin trading, you can start with an order to either BUY or Sell to open.
In other words, you can take advantage of the market volatility taking either long or short positions depending on your views.
Additionally, margin trading allows the traders to take more Cryptocurrency positions than the amount of funds in the margin account.
So-called “Leverage Trading” is widely used and available for the FX, CFDs, and Futures products worldwide.
It is highly recommended to be extra careful when you are trading with the margin accounts.
Taking excessive leverage can lead to exponential return that could also result in losses prompting margin calls (or stop-outs) when the trader’s equity drops below the minimum required margin.
Traders can always contribute more capital to avoid margin calls, however, the risk has to be carefully managed.
Invest in major Cryptocurrency markets with CryptoAltum
CryptoAltum has adopted a variety of Cryptocurrencies such as Bitcoin, BitcoinCash, Ethereum, Ethereum Classic, Litecoin, Ripple, Dash, Monero, Zcash, EOS, Stellar, Augur, Gnosis, Quantum, Cardano and many more.
By introducing these Cryptocurrencies to margin trading venues, CryptoAltum strives to take part in advancing the future of blockchain technology.
Optimized for Cryptocurrency trading, CryptoAltum’s MetaTrader5 platform allows you to buy/sell/open/close positions with just one click of a button.
The platform also features an auto-trade function to help you achieve your profitable trading experience.
It supports multiple language packs customized to your own language.
If you want to use CryptoAltum’s WebTrader, you can start trading just by logging on to your CryptoAltum account.
See MT5 (MetaTrader5) trading platform manual for your Cryptocurrency margin trading.