margex.com Trade Bitcoin with up to 100x leverage .
What is margex.com ?
Margex is a cryptocurrency derivatives exchange. This means it doesn't offer the asset itself. They offer leverage up to 100x which can multiply your profit by that much—or your loss. So this is a very useful tool that you need to handle carefully too. Margex is an exchange geared towards professionals who take privacy very seriously. Therefore, there is no compulsory KYC verification. All you need to do before you start trading is register with a valid email address and deposit your funds.
Website https://margex.com
How to create a margex.com account
Go to the page https://margex.com . Then click on the START TRADING button as shown in the image below where the arrow is pointing.
How to create a margex.com account
1.Enter your email : Enter the applicant's email address.
2.Enter your password : Set the login password.
Then click accept the terms of service and click the REGISTER button to register.
When registration is complete You will receive a verification code sent to your email. Please remember the confirmation code and press the CONFIRM button.
when the button is clicked Email verified You must enter this code in the field provided before the timer expires and click the VERIFY button to verify. Your registration is now complete.
Deposit margex.com
Click on “WALLET” and click “+Deposit”:
Choose one of the desired deposit options:
1.Deposit BTC directly from another BTC wallet to your Margex account wallet .
2. Bank card deposit via Changelly
How to trade margex.com
Click on the TRADE button as shown in the image below.
Then enter the amount of USD or BTC you want to trade. Then click to select an order (BUY BUY) or (SELL SELL).
The order placement module on the left-hand side of the trade interface is used to place orders and reflect your balance information:
1) Balance – the total amount in your Wallet.
2) Existing Balance – Funds that can be used to open new trades. pay the fee and able to compensate for losses (e.g. available balance = total – margin cost of open positions).
3) Order Type – Limit, Market, Stop Market
4) USD Order Size – the full size of your order (in USD), taking into account the chosen leverage.
5) Order Size BTC – the full size of your order (in BTC ) taking into account the selected leverage.
6) Leverage – Used to select your leverage for new orders.
7) Buy/Sell – Place an order (buy) or word (sell).
8) Margin cost – personal amount necessary and reserved to open status
9) Funding – Fundraising Timer
margex.com withdrawal
Click on “WALLET” and click “WithDRAW Button”:
Then, enter the link to the pickup address and the amount you wish to withdraw, then click the WITHDRAW button to withdraw.
for safety reasons All funds at Margex are kept in cold storage. And withdrawals are manually processed once a day between 13:00 – 14:00 UTC. Withdrawals after 12:00 UTC will be processed the next day. The minimum withdrawal amount is 0.002 BTC .
strength
- very beginner friendly
- No KYC
- Accepts crypto and fiat deposits.
- 100x leverage for trading both Bitcoin and Altcoins.
- high liquidity
- Competitive trading fees
weakness
Conclusion
After our Margex review , we can say that Margex is a great choice for a cryptocurrency derivatives trading platform. It is a distinctive user interface for the best experience of buying bitcoin directly. In a nutshell, users get transparency between their trading needs, protection, low fees. And the opinions of verified trading pairs will be notified. That's why it comes under the top cryptocurrency exchange list.
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