Bitfinex Crypto Exchange Opens 0x (ZRX) Margin Trading And Lending


Bitfinex has recently announced that 0x (ZRX) is now available for lending and margin trading on the company’s platform. After some months without updating its token list, Bitfinex has decided to do it with this new token because of many requests for it. This way, now traders will be allowed to take long or short positions while investing in this token.

The company has also announced, via a blog post, that it intends to add margin trading for many ERC20 trading pairs during the next year. The company decided to halt adding so many tokens because many smaller ERC20 tokens were proved to be more vulnerable to price swings.

After making a risk analysis with the ZRX markets, the company has reached the conclusion that it can, indeed, be a good idea to invest in these tokens, so after meeting the criteria of the company, they were listed.

According to Bitfinex, ZRX/USD and ZRX/ETH trading pairs have been consistently healthy and the tokens are traded on many exchanges, both centralized and decentralized, which makes them more secure.

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