BTCChina introduces margin trading with risk management to meet increased customer demands. This is a bold move by the company aimed to make more traditional financial products available to serious digital currency traders. In addition, both domestic and international users can leverage the funds in their account with this new offering and earn greater returns.
Customers may borrow up to 2x of the net value of all assets in their accounts; this includes, CNY, BTC and LTC values combined. Although margin trading has the potential to amplify gains, it is also a high-risk activity not for casual traders. BTCChina’s risk management includes real-time monitoring and real-time alerts allowing traders to seek adequate remedies to alleviate at-risk situations.
“BTCChina’s risk management apparatus minimizes risk by actively managing the loans to borrowers and automatically issuing margin calls when necessary to ensure that the borrower’s maintains a sufficient balance,“ comments Mikael Wang, BTCChina’s Director of Software Engineering.
This latest release demonstrates BTCChina’s continued commitment to providing services to all layers of the Bitcoin economy. Merchants are able to accept Bitcoin risk-free via BTCChina’s payment gateway, currently in beta testing, while miners can combine their hashing power through BTCChina’s new mining pool. As of today, in addition to BTCChina’s existing APIs, experienced traders have new means of engaging in the digital currencies market.
Founded in 2011, BTCChina began as China’s first bitcoin exchange with a strong reputation based on trust, reliability and stability. In October 2014, BTCChina
has expanded from simply being a digital currency exchange to a fully integrated service provider, featuring a platform for the exchange, payment processing, and mining of digital currency. BTCChina’s diversified product offering allows users to engage in all aspects of the digital currency spectrum, in one integrated platform.