BEST CRYPTOCURRENCY EXCHANGE FOR MARGIN TRADING
With margin trading, you may invest a larger amount of money and, should you accurately forecast the direction of the market, multiply your winnings. When used in conjunction with futures contracts, margin is frequently helpful for hedging if you wish to safeguard your position while maintaining a core position. What are the top cryptocurrency margin trading platforms, and what kind of cryptocurrency may be traded?
BitNasdaq:
The best cryptocurrency exchange in India is Bitnasdaq. You have the various options to sell your Bitcoins using BitNasdaq. Transaction times are rapid and reasonably priced. When it comes to exchange rates, it is regarded as being somewhat friendly.
MEXC:
The top exchange for margin trading overall, in our opinion. Trade with up to 200x leverage or make spot transactions with more than 1,000 cryptocurrencies. Trading costs for futures begin at 0.0%.
OKX:
For futures markets, trade spot Bitcoin and other cryptocurrencies with leverage of up to 10x or 100x with more than 200 trading pairings.
Binance:
Trading margin in spot markets ranges from 5x to 125x for futures markets. Contracts may be made for more than 300 trading pairs.
Coinbase
With 5x leverage limits for BTC and ETH trading that are intended for safety, the Coinbase exchange is back in the margin market.
Kraken:
Perpetual contracts and margin trading are available to qualified traders. Select from 95 contracts with a leverage of 50 times.
Bybit:
In addition to a feature-rich platform, the Bybit exchange enables cryptocurrency margin trading with up to 100x leverage.
Kucoin:
Trade more over 800 cryptocurrencies or select from more than 250 futures contracts, offering leverage of up to 125 times.
Huobi
This exchange, now known as HTX, is still a great choice because it offers up to 200x leverage on BTC and ETH in addition to 700+ tradable altcoins.
Phemex:
A robust trading platform meets a simple user interface. Trade up to 100x on over 200 futures contracts, or 5x on spot markets.
BEST CRYPTOCURRENCY EXCHANGE TO INVEST IN INDIA
India is quickly rising to the top of the bitcoin trading sectors. Here is a list of the top five centralized cryptocurrency exchanges available in India, ranked by monthly visitors and user count respectively, according to Similarweb data: WazirX, ZebPay, CoinDCX, CoinSwitch, and Unocoin.
India has a booming digital economy that is open to investigating, accepting, and adapting to new technology. The country's median age is 28.2 years. However, even if cryptocurrency trading is becoming more and more popular in India, a lack of reputable and trustworthy crypto exchanges has caused problems for many traders.
Exchange with the Highest Trading Volume is WazirX.
In 2018, the cryptocurrency exchange platform WazirX was introduced in India. Nischal Shetty, Sameer Mhatre, and Siddharth Menon started it. Based on Similarweb statistics, it receives around 1.3 million visitors each month and has over 15 million users, making it one of the most popular cryptocurrency exchanges in India.
ZebPay: Tier 2 and 3 City Crypto Exchange Users
Dating back to 2014, ZebPay is among the most reputable and established cryptocurrency exchanges in India. Saurabh Agrawal, Mahin Gupta, and Sandeep Goenka started it. Based on Similarweb statistics, it is one of the most popular cryptocurrency exchanges in India, with over 5 million customers, over 237K monthly visits, and over $10 billion in fiat transactions.
Exchange with Over 500 Cryptocurrencies on CoinDCX
According to Similarweb statistics, CoinDCX is a rapidly expanding cryptocurrency exchange in India with over 13 million members and 464.5K monthly visitors. In 2018, Neeraj Khandelwal and Sumit Gupta founded it. With a $2.15 billion valuation in 2022, the exchange was the most valuable cryptocurrency firm in India, having experienced rapid development in recent months. The CoinDCX exchange offers more than 500 cryptocurrency assets for purchase, and it often releases its Proof of Reserves audit report. To raise awareness of its products, the exchange hosts networking events on a regular basis.
BitNasdaq : One of the clearest and safest cryptocurrency trading platforms available in India is BitNasdaq. The user onboarding process includes various security controls through automated software applications such as biometrics. It allows customers to transfer cryptocurrency into their possession with a single click. The platform offers cryptocurrency-related products and services, such as margin trading, futures contracts and lending options, staking, and systematic investment plans.
Final Thoughts
Trading digital currencies provides an alternative way to earn passive income from home. Since mobile applications allow users to trade cryptocurrencies while on the go, the majority of people utilize them. We have discussed one of the best cryptocurrency exchange for margin trading that will not make you regret investing in. The expenses, spreads, acceptance of deposit options, and liquidity should all be taken into account when choosing the finest trading software.
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