Panama City, Panama City, 12th December, 2022, Chainwire
Poloniex, a global crypto exchange, is thrilled to announce the launch of its cross margin mode for spot trading to further enhance users’ trading experience in an ever changing market.
With up to 3x leverage, Poloniex’s cross-margin mode enhances users’ capital and financing flexibility. It features a unified spot and cross-margin account so that users don’t need to transfer assets to a different margin account. This makes the operation more convenient.
Poloniex’s cross-margin mode also comes with auto-borrow and repay functions. After the user enables „auto-borrow” on the trade page, they can initiate a loan when trading, transferring, or withdrawing tokens. The user’s maximum borrowable amount will be determined according to the overall margin level of the user’s spot account.
As for the “repay” capability, every time a user trades, transfers or deposits a token, the asset will be used to automatically repay
We współpracy z: https://cryptodaily.co.uk/2022/12/poloniex-adds-cross-margin-mode-for-spot-trading
