9 rows · Oct 30, · BitMEX is a peer-to-peer cryptocurrency derivatives trading platform that 5/5. Bitcoin Margin Trading For US Traders. As a US American trader you can really get frustrated when looking for a Cyptocurrency Margin Broker. All the well-known brokers with high leverage usually already mention an exclusion of US Americans on their homepage, but at least somewhere in the small print in their terms and conditions. BitMEX has the most trading volume across all Bitcoin-based margin trading platforms and is the most popular across the cryptocurrency market. The platform offered traders the ability to long or short the crypto market before it became all the rage causing the demand that drove the emergence of the fierce competition found throughout this list.
Best margin trading platform bitcoin10 Best Bitcoin Trading Platform
While on the other hand, if the portfolio performs poorly then the position is automatically closed and remaining funds plus the interest returned to the lender. Now, I know some of you might be wondering how that happens automatically and who closes the position to reduce further losses for the lender?
No, one cannot buy Bitcoin on margin and even if it is possible, one should not do this as this trading strategy is not sustainable.
You cannot simply margin trade without a certain degree of cryptocurrencies or Bitcoin in your account, which acts as collateral. When the market moves opposite of your bet, one generally gets a margin call to increase their margin or collateral, otherwise, their collateral is liquidated.
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Keep up your work…. Written By Sudhir Khatwani. Advertiser Disclosure. Note: This is a comprehensive guide on cryptocurrency margin trading!! If you already know about it, well directly explore the best margin trading exchanges for crypto in the above-shown table.
Trade Now. FEES 0. StormGain Margin Trading. Bitmex Margin Trading. Apply Now. Kraken Margin Trading. Binance Margin Trading. USP Mobile Apps. BitMEX has the most trading volume across all Bitcoin-based margin trading platforms and is the most popular across the cryptocurrency market.
The platform offered traders the ability to long or short the crypto market before it became all the rage causing the demand that drove the emergence of the fierce competition found throughout this list. However, despite the leadership role, the platform is somewhat notorious. BitMEX offers a wide variety of contracts on Bitcoin and altcoins at various levels of leverage. The platform offers a referral program for additional earnings.
Binance is one of the most popular cryptocurrency exchanges across the industry. The platform started out as a spot trading platform, known best for its extensive list of exotic altcoins, it has since introduced margin trading. Margin trading is capped to just 5x, although the platform also offers a Bitcoin futures product at x leverage. Regular margin trading is available across dozens of altcoins in addition to Bitcoin, Ethereum, and other major cryptocurrencies.
Binance also offers a launchpad platform for initial exchange offering token launches, has a native cryptocurrency token that provides users with discounts and other benefits, and has a very positive reputation in the eyes of the crypto community.
Deribit offers either a European style cash-settled option for Bitcoin with margin up to 10x or a futures contract for up to x leverage. The platform has experienced some struggles around stability and flash crashes, but have done right and refunded customers who experienced unexpected losses during extreme volatility. Overall, Deribit is praised for its trading tools and is popular among the cryptocurrency trading community.
DueDEX is a newcomer that has grown in recognition quickly due to having a referral program similar to PrimeXBT where users earn not only from referrals, but any new users referrals bring in as well. Its margin trading and interface are oriented towards experts, while beginners might find the trading platform a bit confusing to use. Security has been upgraded following the hacking incident in , with several safety tools now available.
These are 2FA, email encryption, IP whitelists, email notification system and session management. You do need to provide proofs of identity and address before you are able to trade with bitcoins at Bitfinex. Kraken exchange and trading platform offer functions for both starters and experts from the cryptocurrency industry.
The available deposit methods are bank transfers only while trades form around the world can make USD or EUR payments for bitcoins. Margin trading is available for unverified users though verification would bring about larger trade limits.
Terms and Conditions. Skip to content. We only review platforms we have traded on ourselves. What is Bitcoin Margin Trading? Short Intro About Bitcoin. How to know which is the best Margin Trading platform for bitcoin in Binance Bitcoin Margin Trading. Go to Binance. Start trading now with BitMEX. Bitfinex Bitcoin Margin Trading.