14 new trading pairs added for Bitget spot margin trading (cross margin)

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Bitget Announcement2024/03/19 06:37

By:Bitget Announcement

These trading pairs are now available for cross margin spot trading on the platform:

STRK/USDT, FR ONT/USDT, PIXEL/USDT, PYTH/USDT, ARKM/USDT, AR/USDT, ONDO/USDT, MINA/USDT, MAVIA/USDT, GMT/USDT, KAS/USDT, BIG TIME/USDT, RAY/USDT, BEAM/USDT.

Benefits of cross margin mode:

Cross margin vs spot trading: Margin trading lets you borrow funds to amplify your profits. During a bullish market, margin trading helps you buy more assets and take long positions. Conversely, in a bearish market, margin trading helps you sell more assets and take short positions.

Cross margin vs. isolated margin: In cross margin mode, you can use any supported coin as margin and borrow more funds to trade. On the other hand, isolated margin mode limits you to using the base coin or quote coin of a trading pair as margin.

Note: Under cross margin mode, all supported coins share risk collectively for a more effective use of assets. We strongly advise you to monitor and manage your risk ratio.

References:

Margin trading with auto-borrow/repay

Disclaimer

Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users should conduct their own research and invest at their own discretion. Bitget shall not be liable for any investment losses.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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