Dear CoinEx Users,
To meet the trading needs of global users, CoinEx will support MAGATRUMP trading in margin and linear contract markets. The details are as follows:
Time
09:30 Jan 23, 2025 (UTC)
Margin Trading
1. New margin pairs
- 3X USDT margin pairs: MAGATRUMP/USDT
2. Risk warning
- Leverage allows the possibility of earning higher profits with less capital. However, if the trading direction is misjudged, losses will also be amplified proportionally. Regular traders are advised to avoid heavy positions with high leverage to prevent liquidation or even a negative balance.
- Please use leverage wisely, control your position size, and set proper take-profit and stop-loss levels.
- For more details on leverage products, please visit the Help Center.
Perpetual Contracts
1. New futures markets
- Linear contracts: MAGATRUMPUSDT
- Leverage: 1x, 2x, 3x, 5x, 8x, 10x, 15x, 20x
2. Risk warning
- Perpetual contracts operate similarly to regular market trading and do not involve contract settlement, making them more convenient. However, please be aware that cryptocurrency trading is highly volatile, influenced by market conditions, policies, and other factors. Price fluctuations can be unpredictable. CoinEx reminds all users to control their leverage ratio, closely monitor market trends, and be cautious of market risks.
- We will continue to launch more perpetual contract markets based on market conditions. If you have any questions, click here to learn more >>
CoinEx reserves the final interpretation of this announcement.
CoinEx Team
Jan 23, 2025