So I've been talking a lot about Bitfinex recently, since I started using it about 2 weeks ago. Up until now, I've been using a variety of exchanges including Bitstamp and BTC-E to trade my Bitcoin. I just want to point out that there is a big distinction between exchanges, and trading platforms like Bitfinex. On exchanges, all I could do was sell Bitcoin at a high, and buy them back at a low, or hold some USD in the hopes of snatching up some cheap Bitcoin. In fact, I'm sure all of you reading this have been trying to do exactly that for the last few months. If you haven't heard of Margin trading, get ready to be blown away; you'll be kicking yourself for not doing so earlier.You must be wondering, first of all, what exactly is Margin Trading (http://www.investopedia.com/university/margin/margin1.asp)? In a nutshell, margin trading is basically borrowing money from the broker (trading site) for trading. Bitfinex currently offers a leverage of 1:1 up to 2.5:1, meaning that you can borrow 1 up to 2.5 Bitcoin for every 1 Bitcoin deposited. For beginner traders, I suggest changing your leverage right after you set up you account to 1:1. Keep in mind that by borrowing funds, you'll be subjected to interest charges (10-13%) which is automatically factored in when you close your position. If you're inexperienced, please listen to my advice, or you could get burnt badly (although 2.5 leverage is pretty decent). For example, if you use 2.5:1 leverage, and short sell your whole account from $800, but price goes up by $800/2.5=$320 to $1120, you're going to lose ALL your Bitcoin in your account (even lower than that actually, because of a platform's stop-out level and margin call). Of course, this can be easily managed with a good trade size & risk management strategy, which I will cover later.
When I first started trading on Bitfinex, I was totally tripping out about how I didn't find out about this platform and trade on it earlier. Trust me, when you start using Bitfinex to Margin Trade, you'll be wondering wtf you've been doing on those exchanges for the last few months. Because that's exactly how I felt, and that's also why I'm so excited to share it with you. Since then, quite a few people have been asking me on Twitter to cover some Margin Trading and Bitfinex trading material. So here goes nothing.
DISCLAIMER: As much as I like Bitfinex and recommend them for Trading, I do not endorse the site in any way. I do not know if they'll close down today, tomorrow, or a year from now. I also do not know how they handle their funds internally and whether that will pose a problem in the near future. Please trade with caution, and only use money you can afford to lose. If you hear anything negative (e.g. withdrawl issues etc.) about Bitfinex on Reddit/Bitcointalk/Twitter, please make sure to let me know too!
Read more, including some important tips for beginner traders, as well as an FAQ regarding Techincal Analysis and Trading, Bitcoin prices going down, and the future of Bitcoin. Full article at: http://alunacrypto.blogspot.nl/2014/01/beginners-guide-margin-trading-bitfinex-exchange.html
If you found this post helpful, feel free pay for my next cup of Coffee in Bitcoin. Cheers & Good luck trading! =) 14J7iq1cmG6BAPgHdwrUzumZYV7ro449iG
Have questions? Comment below, or PM me / Tweet me @onemanatatime whichever your prefer!
Read this on the Cryptowatch Changelog.submitted by kraken-lloyd to cryptowatch [link] [comments]
Cryptowatch has introduced margin trading for all Bitfinex pairs that support leverage. We've updated our alerts service, adding a Cancel all feature that lets you clear alerts across all markets. On our COVID-19 tracker, you can now sort all data by country, view the chart with either a linear or logarithmic axis, and switch between daily and total data.
The Cryptowatch Marketing team also recently posted a comprehensive reading list from our very own The Dude, who spent over a decade yelling and screaming in the NYMEX and COMEX trading pits, as well as an interview with @lowstrife and a report on Bitcoin spot market growth.
Bitfinex Margin Trading EnabledBitfinex margin pairs now have their available leverage options in the trading form:
We’ve also added a refresh button in the top-right of the trading form that will re-synchronize Cryptowatch to the market’s exchange. The trade settings menu is also conveniently relocated to the top-right corner of the trading form as well:
COVID-19You can now view more detailed data on the COVID-19 page. The changes we’ve implemented are as follows:
Cancel all alertsWe’ve added a Cancel all button to the alerts menu and the trade-settings menu so you can clean your slate quickly and easily:
Markets NavigatorIn the markets navigator, you can now sort markets by:
Portfolio positionsYou can now track your open positions across all exchanges from the Portfolio tab. Navigate to the Positions tab for an at-at-glance view of your open trades. Clicking on a position in the list will open its summary. From there you can use the View chart button to go directly to that market's chart.
Abstracted from my blog post. Read the Full Post at: http://alunacrypto.blogspot.nl/2014/03/how-to-bitcoin-altcoins-daytrading-fundamental-technical-analysis-profitable-trading-strategy.html. Follow me on Twitter for my latest Bitcoin/Altcoin trading advice @onemanatatime (https://twitter.com/onemanatatime).Fundamental Analysis
Read the full post on my blog at: http://alunacrypto.blogspot.nl/2014/03/how-to-bitcoin-altcoins-daytrading-fundamental-technical-analysis-profitable-trading-strategy.html.3. Trading on Volume
Read the full post on my blog at: http://alunacrypto.blogspot.nl/2014/03/how-to-bitcoin-altcoins-daytrading-fundamental-technical-analysis-profitable-trading-strategy.html. If you'd like to discuss any ideas or have burning questions, feel free to email me at alvinlee133(at)gmail.com or hit me up on twitter @onemanatatime.
P.S. If you're new here, make sure to check out my previous posts about Bitcoin & Altcoins daytrading: http://alunacrypto.blogspot.nl/2014/02/how-to-pick-trade-next-profitable-altcoin-bitcoin-daytrading.html http://alunacrypto.blogspot.nl/2014/01/beginners-guide-margin-trading-bitfinex-exchange.html http://alunacrypto.blogspot.nl/2014/01/embarking-on-my-bitcoin-trading-journey.html
P.P.S. If this post helped you, feel free to buy me a cup of coffee!
Cryptsy Trade Key: 9c1e289981a685bf0b8a4e48bc00b35eb1380afa
Margin trading on Cosmos with US dollar is now available!submitted by news_bitfinex to bitfinex [link] [comments]
From 25/02/20 at 9:00 AM UTC, the ATOM/USD pair can be traded with a maximum leverage of 2x, an initial equity of 50% and a maintenance margin of 20%.
Find out more at https://www.bitfinex.com/posts/459
Margin trading on FTX Token with US dollar is now available!submitted by news_bitfinex to bitfinex [link] [comments]
From 06/03/20 at 8:30 AM UTC, the FTT/USD pair can be traded with a maximum leverage of 1.66x, an initial equity of 60% and a maintenance margin of 30%.
Find full announcement at https://www.bitfinex.com/posts/463
Margin trading on Algorand with US dollar and Tether is now available!submitted by news_bitfinex to bitfinex [link] [comments]
From 03/03/20 at 9:00 AM UTC, the ALG/USD and ALG/USDt pairs can be traded with a maximum leverage of 2x, an initial equity of 50% and a maintenance margin of 25%.
Find out more at ⬇️
|submitted by Solodeji to RippleTalk [link] [comments]|
|submitted by Solodeji to CryptoCurrencyTrading [link] [comments]|
|submitted by Solodeji to Crypto_Currency_News [link] [comments]|
|submitted by AtlasRand1 to Buttcoin [link] [comments]|
submitted by tow-whale to cryptotrader [link] [comments]
|submitted by a36 to AllThingsCrypto [link] [comments]|
|submitted by Deebabitcoinair to Crypto_Currency_News [link] [comments]|
|submitted by Ranzware to BitNewsLive [link] [comments]|
|submitted by cryptolobe to cryptolobe [link] [comments]|
|submitted by Deebabitcoinair to u/Deebabitcoinair [link] [comments]|
|submitted by a36 to AllThingsCrypto [link] [comments]|
Bitfinex is a centralized cryptocurrency exchange located in British Virgin Islands. It currently has a 24-hour trading volume of $95,960,593 from 154 coins and 307 trading pairs. Bitfinex is established in year 2012. More information about Bitfinex exchange can be found at bitfinex.com Bitfinex allows users to trade with up to 5x leverage by receiving funding from the peer to peer margin funding platform. Users can enter an order to borrow the desired amount of funding at the rate and duration of their choice, or they can simply open a position and Bitfinex will take out funding for them at the best available rate at that time. Margin trading. Bitfinex allows up to 5x leverage trading by providing traders with access to the peer-to-peer funding market. Order types. Bitfinex facilitates a graphical trading experience with advanced charting functionality that allows traders to visualise orders, positions and price alerts, tap to modify order properties, and annotate For the purpose of margin trading Bitfinex has a separate wallet. Through the Funding Wallet, Bitfinex allows you to provide funding in any of the various funding currencies to traders. So this means that besides actively trading yourself you can use Bitfinex to lend money to other traders for margin trading. The largest and most advanced cryptocurrencies exchange
[index]          
Learn how to trade crypto on Bitfinex with this in depth guide / tutorial. NO MINIMUM DEPOSIT ON NOW: https://bitfinex.com/?refcode=M7lscFdR 1:09 - Create Yo... Kostenlos abonnieren: https://goo.gl/12TEw6 In diesem Video zeige ich euch die Basics vom Bitfinex Margin und Exchange Trading. NÄCHSTER 30X ICO? Review Kryptowährungen https://youtu.be/mvsyl ... What is margin trading? Bitfinex - Duration: 7:58. Kierin Mulholland - Ethereum DeFi & Crypto Videos 349 views. 7:58. Tutorial Part 6 Lets Learn Margin Trading Bitfinex Trading Crypto Long Shorting Leveraging - Duration: 1:09:05. Mr Brian 14,531 views. 1:09:05. Q&A#1: Ethereum Rocket Pool Staking ... Que es el margin trading Bitmex vs Bitfinex - Duration: 52:34. Satoshi Trading Club 2,692 views. 52:34. Don't Talk to the Police - Duration: 46:39. Regent University School of Law 6,478,229 views.