Margin trade on Bithoven

Bithoven is another relatively new but promising player in the cryptocurrency and crypto margin trading space. The exchange recently introduced its own bitcoin margin trading terminal. Currently, it lets you open long and short positions with up to 20x leverage.

Much like at BitMEX, all margin trading accounts at Bithoven are funded with bitcoin. The leverage level varies from 3x up to 20x. The minimal order volume is 0.01 BTC and margin call level stands at 40%. Currently, you can open positions in the following markets:

  • BTC pairs: USD, BCH, DASH, ETH, XMR, ZEC.
  • USD pairs: BTC, BCH, EOS, ETH, LTC, XMR, ZEC, XRP.

All margin trades on Bithoven cost a fixed 0.2% fee.

Bithoven’s platform is nicely designed and integrates a powerful API trading interface for external applications. The platform is highly secure, too, since no major security incidents have been reported so far.

It’s worth noting Bithoven is an unregulated exchange without any fiat pairs, so the only way to fund your accounts is by depositing cryptocurrency. Besides, there is an ongoing promotion through which every new exchange member receives a 100 DOGE token gift.

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