Thank you for always using CROSS exchange. "Margin Trading" is scheduled to be released, but the schedule will be changed to implement additional functions.
Schedule change reasoning: For setting up the demo account environment
Margin Trading on CROSS exchange can be leveraged up to 10 times when trading.
(For example, it is possible to hold a position of 100 USDT with a margin of 10 USDT.)
Customers should practice trading with a demo account in the same environment as the real environment to experience the goodness of CROSS exchange margin trading before conducting real trading.
In the future, we plan to hold a "trade battle with your demo account."
"Reliable design, Margin Trading of CROSS exchange"
Margin Trading (credit transactions) of CROSS exchange trades cryptocurrency on the same main trading board as the exchange.
<Features of CROSS exchange Margin Trading>
Additional proof not necessary
CROSS exchange margin trading does not have additional collateral claims, as in so-called additional certificates.
Certificate claims occur when a user buys and sells a cryptocurrency with leverage and the margin maintenance rate falls below the rate set by the exchange, with no loss occurring without settlement. In such a situation, the exchange with the additional certificate will request the customer to make an additional deposit.
Easy to manage assets
With CROSS exchange margin trading, the common account and the account for leverage are divided and it is easy to control funds because the funds can be moved freely within the account.
※ Even if there is a shortage of funds in the account, CROSS exchange will not withdraw or move your assets.
Mine more XEX with less money
There is a trading fee for margin trading, but since the fee is returned to the customer via XEX coin (with lock-up), the trading fee is virtually free.
Furthermore, in the case of a leveraged transaction, a fee corresponding to the amount of transaction will be paid out as XEX, so a large amount of XEX will be returned with less funds.
Borrowing fees can be paid with XEX
The cryptocurrency borrowed by the customer is subject to a fixed amount of borrowing fees per day, which can be paid with XEX. Please consider it as one of the use cases for XEX which you possess.
We will announce the release date of the Margin Trading production account and demo account shortly.
Thank you for your continued support of CROSS exchange.