Bibox has launched Cross-Margin Model in margin trading on Bibox Web. Users can choose to operate the cross-margin model or fixed margin model on Bibox Web or App.
Cross Margin, also known as “Spread Margin” is a margin method that utilizes the full amount of funds in the Available Balance to avoid liquidations. Any Realized PNL from other positions can aid in adding a margin on a losing position. This margin method is useful for users who are hedging existing positions and for arbitragers that do not wish to be exposed on one side of the trade in the event of a liquidation.
Cross-margin model now supports 7 cryptocurrencies and 15 trading pairs, like the following:
Cryptocurrencies：BTC, ETH, EOS, ETC, BCH, LTC, USDT
Trading pairs：BTC/USDT, BCH/USDT, BCH/BTC, BCH/ETH, ETH/USDT, ETH/BTC, EOS/USDT, EOS/BTC, EOS/ETH, ETC/USDT, ETC/BTC, ETC/ETH, LTC/USDT, LTC/BTC, LTC/ETH
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