Until recently, Bitmex, Deribit and a handful of established exchanges were the only places where traders could get their leverage fix. This has now changed with the emergence of dozens of exchanges offering leverage and plenty more on their way. Binance and Kucoin – two platforms famed for driving this year’s other exchange trend, the IEO – are believed to be mulling the introduction of margin trading. In 2019, it seems, everything’s being served with leverage.
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Margin Trading Is so Hot Right Now
Margin trading and initial exchange offerings (IEOs) have proven to be the dominant trends among cryptocurrency exchanges this year. Bibox is the perfect case in point: the exchange, which offers up to 3x leverage on BTC, recently entered the IEO game, announcing the launch of no less than four projects on Bibox Orbit simultaneously to commence on April 22: The Force Protocol (FOR), Ludos (LUD), Staking (SKR), and X-Block…