INT:Bitfinex Adds XTZ/USD, XTZ/BTC and XLM/USD, XLM/BTC to Margin Trading, Expands Tokens Available as Collateral_TRA

We'repleasedtoannouncesomeexcitingnewupdatestomargintradingonBitfinex.

MargintradingisavailableonTezospairs(XTZ/USD),(XTZ/BTC)andStellarpairs(XLM/USD),(XLM/BTC)at08/14/20192:00PM(UTC).Thesepairscanbetradedwithaninitialequityof50%andmaximumof2xleverage.

Inaddition,ourclientswillnowhavemorecryptooptionsthatcanbeheldascollateralformargintrading,namelyXTZ,XLM,Cosmos(ATOM)andAmpleforth(AMPL),withahaircutof50%.Forfurtherinformation,visittheBitfinexknowledgebase:IntrotoMarginTrading

Previously,onlymargin-tradablecryptocouldbeheldascollateralformargintrading.Withournewriskmanagementsystem,wecanallocatedifferentlevelsofriskfordifferenttokens.Themaximumleverageorinitialmarginrequirementscanbeadjustedaccordingtothetoken'sassociatedrisk.Assuch,wearenowabletoaddnewnon-margincrypto,inthisinstanceATOMandAMPL,toourstableofcollateralcurrencies.Morewillbeaddedinthenearfuture.

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