Post
Topic
Board Trading Discussion
Re: Introducing the SIBEX P2P Network and Trading System for on-chain trading
by
687_2
on 30/03/2020, 06:52:32 UTC

Q: Will the be support for margin trading in the future?

A: How would you do margin trading on SIBEX now? Because SIBEX is a tool for trading P2P, you'd simply ask someone to lend you some Bitcoin, Ether, or USDT. After the terms of the loan are agreed upon and you receive the funds, you would start trading. This breaks down to:

- Finding someone you want to do business with
- Entering into a standard contract with that person
- Using the Bitcoin and Ethereum blockchains to enforce that standard contract

You already do these things when you trade one type of cryptoasset for another using SIBEX, so borrowing and lending cryptoassets is a natural next step.