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Bitfinex reports Bitcoin recovery and promotes zero-fee margin trading
Bitfinex reported that Bitcoin rebounded to $83,360 after dropping to $81,054 earlier in the week, and highlighted its margin trading feature that allows users to take both long and short positions without trading fees.
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Bitfinex announced that Bitcoin's price recovered to $83,360 following a decline to $81,054 earlier in the week. The broker also emphasized the availability of its margin trading feature, which allows users to open long or short positions without incurring trading fees. No additional details regarding the margin trading offer or terms were provided in the post.
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Bitfinex is a crypto exchange that supports trading in cryptocurrencies, tokens, and multiple fiat pairs, with margin trading available at up to 1:10 leverage for standard instruments and up to 1:100 for derivatives. The platform features its own customizable trading terminal, a mobile app, a demo account for testing strategies, and supports both staking and deposit investment programs. For more detailed information, you can read the full review on Traders Union.
For context, you can read our earlier news about Bitfinex’s participation at the TOKEN2049 Singapore event, where the broker hosted discussions on real-world assets and tokenised stocks, in this previous Bitfinex update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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