Chinese ‘big three’ exchange Huobi is bringing margin trading and interest accounts to bitcoin, in a bold and possibly industry-first move designed to make more ‘traditional’ financial products available to serious digital currency traders. The company’s new platform, BitVC, is a Hong Kong-listed subsidiary company with a margin trading platform for both bitcoin and litecoin. Users may borrow up to 200% of the net value of all assets in their accounts.
Posted on: Mon, 30 Jun 2014 14:52:23 +0000
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