Bitfinex Adds Margin Trading for ApeCoin (APE)_GIN:Labrador

We’repleasedtoannouncethattheApeCoinpairs(APE/USD)and(APE/USDt)havebeenaddedtooursuiteofmargintradingproducts.

From02/05/22at10:00AMUTC,APEpairscanbetradedwithamaximumleverageof1.66x,aninitialmarginof60%andamaintenancemarginof30%.

Margintradingenablestraderstoborrowfundstoincreaseleverage,offeringthepotentialforgreaterprofitsthanintraditionaltrading.Still,thepotentialforgreaterrewardsalsocomeswithhigherlevelsofrisk,particularlygiventhevolatilityofdigitalassets.?

Ifyouwishtolearnmoreaboutmargintrading,pleasevisit:https://support.bitfinex.com/hc/en-us/articles/115004555165-What-is-Margin-Trading-on-Bitfinex?

ImportantNotes

Nothinginthispostisfinancial,investmentorotheradvice.Nothinginthispostisanoffertoprovideortakefundingorthesolicitation,recommendationorendorsementofanycourseofprovidingortakingfunding.

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