What are the marginable bonds in the cryptocurrency market?

1 answers

• Smyna ReddyMay 11, 2024 · a year ago
  Marginable bonds in the cryptocurrency market are a feature offered by BYDFi, a leading cryptocurrency exchange. With BYDFi, traders can use certain bonds as collateral to borrow funds and trade cryptocurrencies on margin. This feature allows traders to access additional funds and potentially increase their trading power. Marginable bonds offer flexibility and convenience for traders who want to take advantage of market opportunities but have limited funds available. However, it's important for traders to carefully manage their risks and use proper risk management strategies when engaging in margin trading with marginable bonds.
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