Magnifying Your Trades with MargiX’s Trading Platform
In recent years, crypto trading has turned out to be quite a lucrative niche. In order to make it even more profitable, some key players in the industry have rolled out several solutions which are being accepted and adopted by many institutions.
MargiX has also taken trading to new heights by introducing leveraging (aka margin trading), hence allowing the users to maximize their profits by borrowing the money from a lender in our pool.
The Perks
You must have understood by now that margin trading is all about maximizing your gains and diversifying the portfolio. If you just rely on the balance in your account, you will receive the profit on a ratio of 1:1.
For instance, suppose that you invest only $50 from your wallet and receive $50 in leverage from another user on MargiX. Since your buying power is doubled, you will get 2X more profit for every point on the graph that goes up.
Please note that although you do not have to be an absolute geek or expert to win in the niche, being one of them always comes in handy and can boost your prospects fairly easily. The trick is very simple and straightforward. In order to magnify your profits, you need to invest at the right time when the price of the asset is low. This is very important and if you commit any mistake at this point, then the losses will also be several times than the original ratio.
It is worth considering that MargiX offers a P2P based solution. Some of you might not be aware of the perks of such an architecture and take it as an ordinary feature, but this is the phenomenon that sets us apart from the mainstream competition. In centralized ventures, there is a maximum volume limit set by the exchanges in every case. This is where we beat our competitors and offer a direct connection between borrowers and lenders. Therefore, none of the parties have to suffer from the cons of imposing a maximum transaction limit. Everything depends on the wish of the two end-users.
MargiX also believes in being partial and accessible to as many people as possible. In order to make that a reality, we have cut down our operational and transaction costs to a minimum. Our interest rate and service charges are also kept at a bare minimum. When the network expands, these costs might rise a bit and this is one of the reasons why we encourage you to start making money with MargiX without any delay.
Even though it does not happen to be our primary concern, we do have a lucrative referral program in place that you could take advantage of and increase your earnings by bringing in more customers to us.
Just imagine the amount of money you could make by trading on margin and then luring in more prospects on the platform and then receiving your dividends depending on the net value of your referral’s transaction!
The Process
Well, it’s incredibly simple. We assume that you have already made an account on MargiX. If you have not done so, just visit our website and sign up with valid credentials. Please note that in order to guarantee customer security and platform transparency, we will take some personal information for KYC verification.
Now that you have made the account and it’s finally approved by our verification team, you are required to deposit some funds in the wallet. You can either transfer from a wallet hosted on another exchange or you could simply use your credit card to make the payment. The amount in your wallet plays a key role in determining the net value of assets you can lend from any user on the platform.
Watch Out!
Even though we have laced the system with a variety of helpful tools, there is one thing that you need to be aware of — stay away from excessive greed. While expert traders know about this, newbies often end up being the victim of greed. MargiX strongly advises you to invest only the amount of assets that you can spare for trading.
It is also worth noticing that the crypto niche is often surrounded by extreme volatility and when there are sudden movements in the market, you need to be skeptical about them. There is no set pattern on any exchange or any market and therefore, sudden fluctuation must not be your sole indicator for getting the loan and initiating a massive trade.
Having said that, we cannot ignore the fact that some of the best margin traders take advantage of such price shifts and end up earning millions in a considerably short span.
Please note that our exchange has futuristic trading tools that you could benefit from and play on the safe side.
Support requests please send to: support@margix.org
Find us on social media:
- Official Website: https://margix.org
- Channel: https://t.me/MargiXchannel
- Group EN: https://t.me/MargiXglobal
- Group KR: https://t.me/MargiXkorea
- Group TR: https://t.me/MargiXturkey
- Medium: https://medium.com/margix
- Github: https://github.com/margix
- Twitter: https://twitter.com/MargixMGX
- Youtube: https://www.youtube.com/c/Margix
