Press Release

Seize opportunities in a bearish crypto market with Cryptology’s newly launched margin trading feature

20 November 2018, Singapore – Singapore-based community cryptocurrency exchange, Cryptology Exchange today launches a new functionality that allows users to trade cryptocurrency on margin – letting experienced traders execute trades with borrowed money.

Responding to community demand, Cryptology users can now margin trade BTC/EURO and ETH/EURO, with leverage of up to 5-times and 10-times, with more trading pairs set to be announced in the future. Alternatively, they can earn interest by providing funding to other margin traders.

Cryptology begins margin trading

Cryptology PR

Herbert Sim, Chief Marketing Officer at Cryptology, said: “The Cryptology community has been clear in its desire for margin trading opportunities, which are not commonly offered in the crypto arena. We’re responding to that desire by offering our own functionality for experienced and institutional traders.

“This is the latest step in our ongoing efforts to help Cryptology users get the most value out of their trades by bringing in a suite of trading options. The ability to buy and sell on margin means that users can capitalise on their positions even in the current bear market conditions.”

This new function comes in the wake of an increasingly mature cryptocurrency market. In the past year the industry has seen increased demand for more professional trading features, such as margin trading and P2P funding. Next year could see this demand increasing even further, as experts are predicting a significant institutional money flow in the first half of next year, 2019.

As these opportunities become more widespread and users borrow more funds to trade, the market is likely to become more liquid – lessening volatility and bringing cryptocurrency markets more into line with conventional trading options, such as equities. In turn, this could lead to increased adoption of cryptocurrency trading in the years to come.

Sim concludes: “In the cryptocurrency space, the best is yet to come. With this move, we are helping to professionalise cryptocurrency trading – bringing stability to the market and making it simpler for anybody to trade in future. That’s true democratisation of finance.”

For more information, please visit https://go.cryptology.com/MarginTradeCryptology

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]
coinmag

OWLT Market Media Desk publishes press releases from individuals and companies related to the cryptocurrency-related market.

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