April 17, 2021

Cryptheory

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Margex: Great Next-Generation Derivatives Exchange

3 min read

Margin trading with Bitcoin Isn’t always easy. However, Margex removed the complexity. It is one of the fastest growing crypto derivatives exchanges, offering a clean, user-friendly and high-leverage platform allowing traders to make the most of their crypto trading.

For the purposes of the review, we will divide the article into several points:

  1. Basic information
  2. Margex review
  3. Margex guide
  4. Fees
  5. Conclusion

Basic information

  • Operator: Margex Trading Solutions Ltd.
  • Headquarter: Seychelles
  • Company founded: 2020
  • Available cryptocurrencies: BTC, ETH, EOS, XRP, LTC,YFI
  • Customer support: Very active, 24/7
  • Website: www.margex.com

Margex – review

Margex is a bitcoin-based derivatives exchange that gives traders the ability to trade with up to 100x leverage. Margex has ensured that the user experience is as intuitive and effective as possible. By simplifying the process from registration to engaging in crypto trading in a few simple steps, Margex makes easy to focus on what matters most: profitable trading.

Margex uniquely provides a next-generation platform that allows its users to vote and choose from a set of features and even suggest new ones. This allows traders to participate in building their dream trading platform, a spokesperson from the company said.

Main features:

  • No KYC
  • Very high liquidity backed by 12 liquidity providers
  • No maintenance time
  • All platform updates are instant
  • Competitive reasonable fees
  • Adjustable isolated leverage up to 100x on all assets
  • Simultaneous use of stop loss / take profit for each trade
  • Unique MP Shield ™ AI-based system to protect users from price manipulation – prevents from unfair liquidations
  • Referral program with 40% commissions flat rate for everyone

MP Shield System

Forget about unfair liquidations and price manipulations with the unique A.I. based MP Shield ™ technology by Margex. So how does the MP Shield work?

As mentioned, liquidity is backed by 12 liquidity providers, for an overview of cryptocurrency price movements. Through its algorithmic technology based on artificial intelligence, Margex consistently monitors prices from each liquidity provider to ensure that no manipulation occurs.

Margex: Great Next-Generation Derivatives Exchange

In particular, Margex focuses on providing fair opportunities to all traders by constantly monitoring suspicious trading activities.

Referral program

Margex’s referral program offers better rates than competitors at 40% flat in commissions made by the referrer.

Margex: Great Next-Generation Derivatives Exchange

Margex – guide

How to register

Among the many things that are pleasing about Margex, the platform’s registration process stands out. While other crypto exchanges require an endless amount of information and verification processes, Margex will get you to trade your first Bitcoin contracts in seconds. All you need to register is an e-mail.

Margex: Great Next-Generation Derivatives Exchange

After completing the 30-second registration process, you are ready to start. The first thing you need to do is replenish your secure wallet with funds to finance your first trades.

Deposits and withdrawals are limited to Bitcoin. The exchange also provides an option to buy crypto with your credit card through their third-party partner, Changelly.

Margex: Great Next-Generation Derivatives Exchange

Trading

Now, you are ready to start. The first thing you’ll see is an intuitive user interface that enhances the Margex trading experience.

Margex: Great Next-Generation Derivatives Exchange

Opening a trade on Margex is really easy.

  • Select a trading pair using the menu above the chart
  • Select the type of order – Limit, Market or Stop-Limit
  • Enter the order quantity (and limit price if you use a limit order)
  • Select your preferred lever
  • Press the Buy/Long or Sell/Short button to open a long or short position.
Margex: Great Next-Generation Derivatives Exchange

For better risk management, we also recommend setting a stop-loss and take-profit for your active market orders to avoid liquidations. This can be achieved by going to the “Open Positions” located below the graph and clicking on the TP / SL underscores.

Fees

Margex offers users high leverage up to 100x their positions, which increases their potential trading profits. Bellow is a complete table of leverage specifications provided to all assets:

Margex: Great Next-Generation Derivatives Exchange

Margex trading fees are below the normal average of 0.019% for market makers and 0.06% for market takers on all trading pairs. There are also funding fees, divided into intervals of 8 hours.

Margex: Great Next-Generation Derivatives Exchange

Conclusion

The cryptocurrency market is growing rapidly, leading to the need for high quality exchanges. Margex’s lightning-fast trading engine and scale-on-demand server infrastructure provide traders the way to trade undisturbed.

Margex is gradually taking over the crypto derivatives market through its unique and user-friendly platform.

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