Post
Topic
Board Trading Discussion
Re: Margin trading. Where to start?
by
buwaytress
on 16/06/2017, 14:29:28 UTC
I was considering poloniex myself, as well as cex and coinbase. Now I am not sure about coinbase, of course. They definitely have hard times. So there are two options left - poloniex and cex.
As far as I know poloniex is among the pioneers for offering margin trading and must have won the audience’s trust. But what attracted me on cex.io is that they claim to use a risk-preventing system that protects your balance from becoming negative.


Both poloniex and cex have this same risk-preventing system (some method of Proof of Solvency) - in fact, I would assume all platforms that offer margin trading have it, since it is firstly to protect themselves and the lenders, in the case of Polo.

With crypto markets extremely volatile, I would highly recommend a practice account on a forex platform first, using the same leverage, before ever trying out crypto.