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News

Bitget Exchange Has Added Margin Trading Pairs For XRP And LTC

December 30, 2022 - Around 2 mins mins to read

Key Points:

  • XRP/USDT and LTC/USDT pairs have reportedly been added by cryptocurrency exchange Bitget for cross and isolated margin spot trading.
  • A trader can control risk and exposure on financial derivatives exchanges using cross-margin or isolated-margin trading.
XRP/USDT and LTC/USDT pairs have reportedly been added by cryptocurrency exchange Bitget for cross and isolated margin spot trading.
Bitget Exchange Has Added Margin Trading Pairs For XRP And LTC

Margin trading in cryptocurrency is a type of trading that enables investors to improve their purchasing power and investment returns by borrowing money from a broker or lender.

Dear Global Bitgetters,

We are thrilled to announce that the following two trading pairs are now available for cross and isolated margin spot trading on Bitget!

XRP/USDT and LTC/USDT

Start trading with more investment opportunities now!

>> Spot Margin Trading
>> Introduction to Bitget Spot Margin Trading

Disclaimer
Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research and invest at their own risk.


Bitget Team

It entails borrowing money from a third party, such as a broker or lender, to purchase and sell cryptocurrencies on the market with funds other than those the trader started with. Although this can increase profits, it also puts dealers at higher risk.

A trader can control risk and exposure on financial derivatives exchanges using cross-margin trading or isolated margin trading.

Cross-margin trading allows traders to use the same margin balance for all open positions, thereby combining them into a single position. This gives traders more purchasing power and frequently increases risk in leveraged or highly volatile markets. With isolated margin trading, traders can designate a full or partial margin specifically for each open position and carefully watch how well it performs. This makes it possible for traders to divide their funds to manage risk better and minimize exposure.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

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Annie

Coincu News

Bitget

Bitget Exchange

LTC

LTC/USDT

Margin Trading

Margin Trading Pairs

XRP

XRP/USDT

Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.