The cryptocurrency exchange OKEx lets its users be involved in a margin trading of tokens. The users can borrow tokens, executing positions with 3 times of their capital. The important thing is that the potential return is therefore maximized, but so is the potential loss. Also, the users can short sell positions by selling borrowed tokens and buying back after a period of time to earn the difference.
On April 11, OKEx has announced adding 7 new trading pairs for margin trading. Among them are:
What is more, OKEx warned its users that they should carefully evaluate the intended investments in light of their knowledge, experience, financial positions and objectives in order to avoid unexpected losses.
Previously, we have reported that OKeX was among those exchanges which had warned users of a fraudulent Centra ICO project and announced their plans to delist CTR tokens.