Bitcoin Cash and Bitcoin SV can now be used by non-US customers for margin trading on Poloniex. Read more about this exciting update today!
Bitcoin Cash (BCHABC) and Bitcoin SV (BCHSV) are now available for margin trading for non-U.S. customers—at 2.5 times leverage—with Bitcoin (BTC) as the base pair.
This follows news on Tuesday that Ethereum Classic (ETC) was available for margin trading. Now Poloniex customers can trade on margin (all with BTC as the base pair) the following: BCHABC, BCHSV, ETC, XRP, ETH, XMR, STR, FCT, LTC, BTS, DOGE, DASH, MAID, and CLAM.
Bitcoin Cash and Bitcoin SV won’t be the last, either, because we are working on adding other tokens and base pairs for margin. We are expanding the tokens available for margin as part of our effort to make Poloniex one of the most innovative exchanges in the world.
Like the other assets available for margin, BCHABC and BCHSV are also now available for lending. That means customers holding BCHABC and BCHSV can lend it to other customers and earn interest (set by the market).
Getting started with margin and lending
For those interested in trading on margin or lending, make sure you’re signed into Poloniex. You can read more details about margin and lending on our support page here.
If you have any questions, please reach out to our support team here.
