Dear Users,
We’re super excited to unveil the launch of our new margin trading feature for the spot market. Users will now be able to take leverage up to 5x while trading spot by borrowing against collateral and trading on margin. Here are some nifty benefits you’ll receive from Phemex margin trading:
- Trade on leverage without having to sell your coins! Simply borrow against them instead.
- Compared to other margin trading services, Phemex offers super low interest rates so you can borrow for cheap.
- We support partial liquidations on margin trading. This means that when your risk level reaches the danger threshold, liquidation begins but it will stop once the risk level returns to a healthy level, so you might not lose your entire position.
- Intuitive user interface and controls with convenient auto borrowing and repayment features.
Go ahead and maximize gains by trying out margin trading today! If you’re unclear about how it works, feel free to view our two Help Center tutorials What is Margin Trading and How Do I Margin Trade on Phemex.
More information can also be found on the Phemex Blogs, which further expand on What is Margin Trading and Bitcoin Margin Trading on Phemex.
Note: Users on mobile must upgrade to the latest version of Phemex APP to experience margin trading.
