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.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide