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Phemex Adds 23 Collateral Assets To Its Margin Trading Platform

Twitter icon  •  Published 1 year ago  •  Nikolas Sargeant

Phemex announced on Monday, March 27th, that 23 new assets could now serve as collateral on Phemex Margin Trading.

Phemex announced on Monday, March 27th, that 23 new assets could now serve as collateral on Phemex Margin Trading. This also means the addition of 23 new trading pairs on Phemex Margin Trading.

In margin trading, investors can leverage collateral in order to buy more cryptocurrencies. The new collateral assets available are: 

  • API3

  • AGIX

  • GRT

  • ALGO 

  • GTC 

  • YFI 

  • INJ 

  • CFX 

  • PAXG 

  • GALA 

  • ATOM 

  • SNX 

  • BCH 

  • MAGIC

  • ETC 

  • NEAR

  • ZEC

  • LQTY

  • DASH

  • SAND 

  • XTZ

  • AUDIO

  • MANA

 

Pemex Margin Trading is only available in the latest version of the app. In addition, the Phemex Blog has several pieces that help explain how to make the most out of margin trading.

Phemex is known for its derivative markets, and they offer many other strategic tools. While these are advanced investing options, our Phemex review found the exchange to be a good option for new inventors as well. 

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Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.