Apr 6, 2020
Introducing Partial Settlements for Margin Trade
Dear Traders,
We love how you’ve been loving the margin trade feature and how it lets you rope in more profits. But we have been hearing, that sometimes, the need to pay the entire margin at once puts you at a greater risk. We would love to announce that you now have one less to worry about.
Introducing Partial Settlements for Margin Trade
Can’t pay off the entire margin at once? Well, do it in pieces then. With Partial Settlements, you can now pay off the margin loan in multiple transactions.
For instance, a loan of 50 USDT @ 1% interest with a final total repayment of 50.42 USDT can now be repaid in two instalments of 20 + 30.42 OR 10 + 40.42 OR 25 + 25.42. Whatever suits you.
Benefits of Partial Settlements
- Flexible payments
- Lesser risk of losing more
- Reduce chances of liquidation
- Improves withdrawable amount
- Opportunity to take loan in different assets while still on loan.
- Note: The margin loan tenure remains the same.
Warm Regards
Team Bitbns
New Trading fee Structure is live
BNS Token, have you purchased it?
