The Margex Team set out to provide a secure and easy-to-use Bitcoin-based derivatives exchange, giving traders access to global cryptocurrency markets and up to 100x leverage.
Web Address ㅡ https://margex.com/app/signup
Main Location ㅡ Seychelles.
Fees: Very low.
When did you launch? ㅡ 2020.
Does Margex accept traders resident in the USA? ㅡ No.
What cryptocurrencies are available to trade on the platform? ㅡ BTCUSD, ETHUSD, XRPUSD, EOSUSD, LTCUSD, and YFIUSD.
Taker fee (excluding any volume-based discounts) ㅡ 0.060% more details available here.
Maker fee (excluding any volume-based discounts)
0.019%, more details available here.
Fee for withdrawing BTC
The current charge is 0.0005 BTC depending on network activity.
Is wire transfer an available deposit method?
Yes, via the Changelly widget.
Is credit card payment an available deposit method?
Yes, via the Changelly widget.
Do you offer fiat withdrawals?
Can users deposit cryptocurrencies from other exchanges/wallets?
Do you offer an affiliate program?
Yes, the referral program offers 40% flat rate commissions to all applicants. Full details can be found here – https://margex.com/referral
Do you offer leveraged trading?
Yes, up to 100x is available.
Do you offer futures with expiry dates?
Do you offer perpetual futures?
Yes, with up to 100x leverage.
- The most intuitive UI in the industry as nominated by Finance Magnates.
- Easy to start and advanced enough for pro traders.
- Real-time deal indicators, including trading fees, financing, PnL, etc.
- Simultaneous stop loss/take profit options to avoid being stuck screen watching.
- Unique MP Shield™ AI-based system to counteract price manipulation and unfair liquidations.
- Pricing pegged to average per leading spot exchanges.
- Adjustable isolated leverage up to 100x on all assets.
- Choose to trade BTC, ETH, LTC, XRP, EOS, and YFI.
- High liquidity backed by verified liquidity providers.
- Low fees.
- No KYC to trade.
- Referral program offering 40% flat rate commissions.
The Margex Referral Program offers an excellent way to build a passive income stream. By sharing your affiliate link, you can create a referral network of traders and receive 40% of the trading fees paid by your referrals.
The “Referral” page of your account shows details of your referral network, including network statistics, the status of referral payouts, as well as additional materials, such as a Marketing Kit, that will help grow your referral network and increase your earnings.
Referral payouts are processed daily between 12:00 and 15:00 UTC. Pending referral payouts are updated hourly on the “Referral” page and are credited to your account wallet balance, and can be further withdrawn or used for trading.
Margex has developed a sophisticated security framework using best industry practices and in-house developments, including the MP Shield System. Our security experts work to ensure a safe and reliable trading experience.
Margex security systems consist of several layers, each with its own security protocols and controls that are regularly audited by staff and independent security experts.
Margin trading refers to a process that increases your purchasing power and exposure to the market. In other words, the platform loans you more of the asset to increase your trading power.
For example, a 1:100 leverage means for every 1 BTC you hold; you trade with 100 BTC. This allows the opening of positions worth more than the funds you have.
However, while high leverage can potentially help you make more money from trading, it can also increase your losses. Therefore, it is crucial to take time to understand how leverage works. A good tip is to learn how to trade before using leverage.
Is Margex Safe?
Despite being a relative newcomer, Margex takes the safety and security of its users seriously. The company boasts some of the most sophisticated security features in the industry to protect client data, funds, and trading activities.
Sign up on Margex ㅡ https://margex.com/app/signup