Innovative and empowering crypto exchange Bithoven.com has officially reported on the launch of its margin trading services, among the advantages of which are leverage up to 1:20, Bitcoin as margin nominal currency and use of the newest trading platform MetaTrader 5.
Trade on margin can be done either on Demo or Live accounts. Going Demo is a great way to gain trading experience by applying leverage with zero risk (max. leverage amounts to 1:500). Conversely, Live margin trading is contingent on real market conditions, price swings and liquidity. Available leverage ratios are 1:3, 1:10 and 1:20, accordingly.
Presently, the nominal cryptocurrency for margin trading is BTC, however new coins will be gradually introduced to accommodate the ever-growing market demands. There are no maximum deposit limits and the use of expert advisors for algorithmic trading is allowed. Bithoven.com offers the use of the latest MetaTrader 5 with a massive number of charts, timeframes, market depth, order-hedging and netting.
Besides, traders can subscribe to trading signals for automatic copying of trading operations of professional traders, use handy economic calendar and market depth.
MetaTrader 5 can be freely accessed on desktop, web or mobile devices, thus allowing convenient and trading anytime and anywhere. Bithoven.com renders fast network transaction speeds and guarantees timely crypto deposits and withdrawals. Further, the exchange offers 14 margin tools, among which are BTC/USD, ETH/USD, LTC/USD, XMR/USD, BCH/USD, ZEC/USD, DASH/USD, XRP/USDT, and EOS/USD.
The newly launched service is available to all registered platform users with the exception of US residents so far. It is worth pointing out that leveraged trading is highly speculative and carries high risks ꟷ it can either bring significant profit or capital losses. It all depends on trading experience and skills, understanding market tendencies, risk management, asset diversification, etc.
The major advantages include secure platform architecture, TLS/SSL encryption, highest liquidity in the order book, multiple trading pairs, frontline Customer Care Team available 24/7 and high-paying Referral program. Increasingly, Bithoven.com has received the Certificate for BEST CRYPTO START OF THE YEAR.