LiteFinance Launches Margin Trading for Crypto Assets – Cryptopolitan
Limassol, Cyprus, 27 February 2023, Chainwire
Crypto brokerage platform LiteFinance has introduced margin trading, allowing users to experience high leverage for a variety of digital assets. LiteFinance allows traders to experience all the excitement of playing the crypto market within a responsive and user-friendly framework.
The main question for many beginners is deciding how to trade cryptocurrencies: on a crypto exchange or through a Forex broker. The ideal platform should be as accessible as possible, highly secure and equipped with a range of advanced trading tools. With LiteFinance, traders can open short trades with a few clicks. This allows them to immediately open a sell position and make money when the price falls in a downtrend. Transactions are executed immediately at market price due to a large network of counterparties built on ECN technologies. Users can set a take-profit and the position will close in profit automatically when the market reaches the specified price level.
LiteFinance requires the lowest possible platform fees when trading cryptocurrencies. Swaps are significantly lower than those set by crypto exchanges and other brokers. Market spreads (the difference between the buy and sell price) are available on LiteFinance ECN accounts.
For example, for ETHBTC on an ECN account, the average spread is 0.00001 points, and the exchange to buy and sell is only -0.20$. Thus, it is much easier for traders to plan long-term actions and achieve their trading goals. Furthermore, the LiteFinance platform charges the lowest transaction commissions among crypto trading providers.
When trading cryptocurrencies, LiteFinance customers can benefit from 1:50 leverage. This means that only 2% of the transaction amount is needed as collateral to open a position. Leverage allows traders to use less of their own funds to open larger positions. In this case, the potential profit will increase significantly in relation to the funds deposited in the account.
All transactions are securely protected because LiteFinance has years of experience and a strong infrastructure developed since 2005. Customers’ digital assets are stored in separate cold crypto wallets and insured.
The LiteFinance online platform has widest selection of digital assets among brokers, with over 75 cryptocurrency pairs available. Traders can choose the most popular coins, such as Bitcoin and Ethereum, for short-term trading and profit from daily price movements. They can also open long-term purchase positions for crypto project development tokens, the cost of which currently does not exceed $1. LiteFinance also closely follows the world of cryptocurrencies and regularly adds promising digital assets to its list of trading instruments.
To start trading cryptoassets with LiteFinance, all that is required is sign upopen a trading account and deposit money.
About LiteFinance
Since 2005, LiteFinance (ex. LiteForex) has been offering Tier 1 liquidity in the foreign exchange, commodity and equity markets to its clients via its online ECN broker. LiteFinance (ex. LiteForex) has one of the largest investment market offerings with all major currency pairs, cross rates, oil & precious metals, stock indices & amp; blue chips, plus the most comprehensive selection of cryptocurrency pairs for trading.
Contact
Jana Kane
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