Bitfinex Adds Margin Trading for ApeCoin (APE)

We’re pleased to announce that the ApeCoin pairs (APE/USD) and (APE/USDt) have been added to our suite of margin trading products.

From 02/05/22 at 10:00 AM UTC, APE pairs can be traded with a maximum leverage of 1.66x, an initial margin of 60% and a maintenance margin of 30%.

Margin trading enables traders to borrow funds to increase leverage, offering the potential for greater profits than in traditional trading. Still, the potential for greater rewards also comes with higher levels of risk, particularly given the volatility of digital assets.

If you wish to learn more about margin trading, please visit: https://support.bitfinex.com/hc/en-us/articles/115004555165-What-is-Margin-Trading-on-Bitfinex

Important Notes

Nothing in this post is financial, investment or other advice. Nothing in this post is an offer to provide or take funding or the solicitation, recommendation or endorsement of any course of providing or taking funding.