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Cryptocurrency exchange Cryptology debuts professional margin trading features

Tony Zerucha

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Singapore-based community cryptocurrency exchange Cryptology Exchange today added new functionality that allows users to trade cryptocurrency on margin – letting experienced traders execute trades with borrowed money.

Cryptology users can now margin trade BTC/EURO and ETH/EURO, with leverage of up to 10 times, with more trading pairs set to be announced in the future. Users can also earn interest by providing funding to other margin traders.

“The Cryptology community has been clear in its desire for margin trading opportunities, which are not commonly offered in the crypto arena,” CMO Herbert Sim said. “We’re responding to that desire by offering our own functionality for experienced and institutional traders.

“This is the latest step in our ongoing efforts to help Cryptology users get the most value out of their trades by bringing in a suite of trading options. The ability to buy and sell on margin means that users can capitalize on their positions even in bear market conditions.”

In the past year the industry has seen increased demand for more professional trading features, such as margin trading and P2P funding. Next year could see this demand increasing even further, as experts are predicting a significant institutional money flow in the first half of 2019. As these opportunities become more widespread and users borrow more funds to trade, the market is likely to become more liquid – lessening volatility and bringing cryptocurrency markets more into line with conventional trading options, such as equities. In turn, this could lead to increased adoption of cryptocurrency trading in the years to come.

“In the cryptocurrency space, the best is yet to come,” Mr. Sim said. “With this move, we are helping to professionalize cryptocurrency trading – bringing stability to the market and making it simpler for anybody to trade in future. That’s true democratization of finance.”

Tony Zerucha

Tony Zerucha is an alternative finance journalist with more than seven years experience in the space. The author of more than 1,000 articles, Tony was named LendIt's 2018 Journalist of the Year.

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