Copy the pros and cons of the trading platform

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Margex is a cryptocurrency exchange platform founded in 2019 focusing primarily on derivatives trading. However, it also offers other popular features such as copy trading, staking, price alerts, attractive referral program and much more.

Margex’s interface is designed to be intuitive, making it an excellent choice for those taking their first steps into the world of cryptocurrency derivatives trading. Although it mainly focuses on beginners, it is also suitable for more advanced traders who value ease of apply.

Margex can be accessed via the website, mobile browser or mobile application that is available for Android AND iOS. However, please note that Margex is not available in certain countries, including the United States, Republic of Seychelles, Bermuda, Cuba, Crimea, Sevastopol, Iran, Syria, North Korea, Sudan and Afghanistan.

The exchange is an unregulated platform based in the Seychelles, which means it does not require users to go through identity verification (KYC) processes. This is a plus for traders who value privacy.

However, this may raise questions about the security of the platform. Despite the lack of regulation, Margex has implemented hearty security measures to ensure your protection.

Three layers of security provide unrivaled protection

User account security includes encryption of sensitive data, two-factor authentication (2FA), and email notifications of any account activity. Extremely critical functions such as custodian security protects assets stored in chilly storage using multiple signatures and an access segregation system.

The commercial infrastructure itself, e.gensures a sleek user experience and brisk order fulfillment, protecting against DDoS attacks and other advanced measures. In addition to these measures, Margex has a system called MP Shield that uses artificial intelligence to detect and prevent suspicious activities such as fraudulent transactions or attempted price manipulation. This system protects users against unfair behavior on the platform.

High-stakes derivatives trading with up to 100x leverage

The main attraction of Margex is the ability to trade perpetual futures with leverage. Perpetual contracts are agreements to buy or sell assets without an expiration date, allowing investors to hold a position indefinitely. At Margex, users can trade with leverage from 5x to 100x, which means they can control a much more significant position with a relatively compact investment.

Margex offers over 60 trading pairs, including the most popular ones such as BTC/USD, ETH/USD and others. The platform also plans to soon introduce stablecoin and forex pairs with up to 500x leverage.

To ensure competitive prices and minimize slippage, Margex aggregates liquidity from over 12 providers, ensuring that users receive current and relevant market prices.

Designed to enhance beginners’ performance

The Margex the interface is extremely intuitive, especially in the trading terminal. It consists of three main parts: an order creation interface, a trading pair chart with an order book and recent transactions, and an order and position management interface.

Margex also provides a variety of educational materials to aid up-to-date users understand how the platform works and trade in general. Additionally, it offers the opportunity to practice demo funds via AirUSD tokens, allowing users to perform simulated trades without real risk.

Another useful feature for beginners is copy trading, which allows users to replicate the trading strategies of other successful traders. Users can invest in these strategies and share profits with the strategy creators, making it easier to learn and profit at the same time.

Powerful profit opportunities without trading

Additionally, Margex offers users several ways to earn cryptocurrencies. Its referral program stands out in the industry by allowing users to earn 40% trading commissions from the people they refer. The more referrals a user has, the more he can earn.

Margex staking allows users to generate returns without selling or trading their assets. The platform offers up to 5% APR and has no lock-in periods, which means users can withdraw their assets at any time.

Finally, Margex offers several bonuses, including a $50 sign-up bonus and a $50 first deposit bonus in deposited cryptocurrency. These bonuses can be used to cover trading fees, making your apply of Margex even more profitable.

Maximize your return on investment with extremely low Margex fees

Like many other platforms, Margex uses a maker/taker fee model. However, Margex keeps fees very low to maximize the investor’s return on investment. For example, creators who add liquidity to the market only pay a fee of 0.019%, while takers who withdraw liquidity from the market pay a compact fee of 0.06%. These fees are among the lowest in the cryptocurrency trading industry.

Additionally, funding fees apply to open positions outside specific funding periods, which occur every 8 hours. Financing fees vary depending on the trading pair and market volatility. As with maker and taker fees, financing fees are typically lower than competitors.

Margex does not charge any fees for withdrawals; only network fees required to process transactions on the blockchain apply.

How to register at Margex?

Registration process on Margex it’s basic and brisk, without the need for KYC. Here are the steps:

  1. Visit the Margex home page and click “Start Trading”.
  2. Complete the registration form with your email address, create a password and if you have a referral code, enter it.
  3. Verify your email address by entering the code sent to your email address.

You’re ready to go! Now you can start exploring and using the platform.

How to trade on Margex?

Once registered, trading on Margex is just as straightforward:

  1. Select your desired trading pair by clicking the appropriate button in the interface.
  2. Select the type of order you want to place: limit, market or stop market.
  3. Define the total order quantity and select the appropriate leverage.
  4. Choose between cross deposit or single deposit according to your strategy and risk management.
  5. Execute a buy or sell order.

Professionals from Margex

  • It provides up to 100x leverage on cryptocurrency derivatives, attracting investors looking to maximize their potential profits.
  • Provides solid security with two-factor authentication and cooldown to protect user assets.
  • It offers a quick and basic registration process without KYC, allowing you instant access to trading.
  • It has a user-friendly interface with advanced charting tools, designed for beginners and experienced traders.
  • Contains educational resources to aid up-to-date traders understand the complexities of cryptocurrency trading.
  • Available as a mobile app, offering malleable trading across devices.

Margex disadvantages

  • The constrained selection of trading pairs may not satisfy the preferences of all traders.
  • Restricted availability in certain jurisdictions, including the United States.
  • Some of the risks associated with leverage trading require caution and risk management.

Application

Margex stands out as a secure and user-friendly cryptocurrency derivatives trading platform. It offers intuitive operation, up to 100x leverage and a variety of trading pairs, making it a great choice for beginners.

Moreover, additional features such as staking, bonuses and referral programs add value to the overall experience. However, advanced traders looking for more complicated functionality may find Margex constrained compared to other, more comprehensive platforms.

If you are starting your adventure with cryptocurrency derivatives trading, Margex this is an option worth considering.

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