Margex has elevated buying and selling choices for customers by including 4 new tokens, which embody Solana, USDT (SOL), USDC (SOL) and Litecoin
VICTORIA, Seychelles, Sept. 14, 2022 /PRNewswire/ — Margex, a digital asset buying and selling and funding platform, which lately launched a novel staking function earlier this month, has introduced the addition of recent deposit choices for customers to make use of as collateral on its platform.
Extra Choices For Customers To Commerce And Stake
Margex has elevated buying and selling choices for customers by including 4 new tokens, which embody Solana, USDT (SOL), USDC (SOL) and Litecoin. Due to this fact, customers will have the ability to deposit these property, commerce them utilizing the a number of choices, and use them as collateral for the lately launched staking feature.
One other advantage of buying and selling with Margex is that each one collaterals can be utilized to commerce completely different property, similar to Bitcoin, Ether and so forth, with out proudly owning them. So, for instance, you need to use Solana to commerce BTC and have revenue in Solana.
This function is unique to Margex and, mixed with leveraged margin trading and the all-new crypto staking options, makes it the most effective worthwhile instruments within the cryptocurrency market.
Stake and Commerce Litecoin on Margex
Litecoin is among the oldest and pioneering cryptocurrencies which have stood the check of time. Launched in 2011, the token was designed to supply quick, safe and low-cost cross-border funds by leveraging the qualities of blockchain expertise.
It’s broadly thought to be silver to Bitcoin’s gold and is accepted by 1000’s of retailers and shops globally. Nonetheless the latest creation of recent traits in crypto has seen Litecoin unfairly forgotten by many exchanges and DeFi platforms.
Margex is taking the initiative by itemizing Litecoin and enabling customers to entry this progressive cryptocurrency. All that’s required is to deposit LTC and entry completely different incomes alternatives on Margex.
Earn Up To 11% APY Staking Solana-Primarily based Stablecoins On Margex
Margex itemizing Solana on its platform is an progressive new function in its plan to leverage the rising Solana ecosystem. Solana is among the quickest rising blockchains, permitting initiatives to construct decentralized functions and reap the benefits of its extremely scalable blockchain community.
Its low transaction prices and excessive scalability has seen a number of stablecoins transfer to the Solana blockchain. This contains the biggest stablecoins within the cryptocurrency market, USDC and USDT. Margex customers can deposit these stablecoins and leverage the bottom transaction charges to entry trading and staking features.
They will earn fastened revenue from staking and potential income with up to 100x leverage through the use of the staked stability as collateral on Margex.
Margex, established in 2019, is among the fastest-growing cryptocurrency platforms that gives world-class buying and selling options with as much as 100x leverage on Bitcoin, Ethereum, Ripple, Uniswap, Litecoin and different fashionable digital property. It additionally supplies a novel staking function that has quickly gained adoption throughout the crypto group.
For extra info on Margex, please go to margex.com.
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SOURCE Margex