Crypto.com Exchange App Adds Support for Margin Trading

Cryptocurrency exchange Crypto.com today announced that Crypto.com Exchange App has added support for Margin Trading, which features all the functionalities of the Exchange Web version.
According to the official announcement, users can now Margin trade on the go and get up to 10x leverage for over 100 supported pairs, including SOL, XLM, and LINK.
Margin Trading allows users to amplify their trading profits through borrowed funds during both up and down market movements. The Crypto.com Coin (CRO) powers Margin Trading with additional utility, offering preferential interest rates—as low as 0.008% per day—to users who stake CRO.
Margin Trading leverage is set on an account level. The maximum leverage for each Sub-account can be different from the Master account, but cannot exceed it. Different borrowing rates apply for each leverage amount.
As Fazzaco reported earlier, Crypto.com has started issuing Crypto.com Visa Cards in Brazil.
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