delivered what appeared to be the first confirmation it had added margin for traders in a on May 24.
As part of its ongoing transition that will see new products, including a exchange, released preliminary views of its new interface.
Composed of a “dark” and “light” mode, developers conspicuously chose a view of margin for the teaser screenshots,
The unveiling follows comments from CEO, (also known as CZ), who confirmed margin would appear on during a live earlier this month.
“As we are working on our margin system, that’s rolling out very, very soon,” he told viewers, adding that the feature would first be made available to large-volume traders for help with testing. CZ stated:
“We will do a gradual rollout of the margin platform; it’s actually being beta tested by our internal team.”
has recovered strongly from an unexpected security breach at the start of May which saw hackers steal () worth $41 million at the time.
While the event sent jitters through markets, sentiment rebounded, with covering consumer losses and shutting down full functionality for a week while improvements were implemented.
The exchange deposit and withdrawal options on May 15.
Margin allows exchange account holders to use their existing balances as collateral, opening up the possibility for higher profits, but likewise entailing a higher level of risk. Some other major exchanges, including , and already offer the tool.
Published at Fri, 24 May 2019 11:16:54 +0000
