Launch of the 25x leveraged "Everyone's Bitcoin" service!
Service started on March 31, 2016!
A rare Bitcoin exchange offering 25x leverage has launched.
■ If you use 25x leverage, you can buy 1 BTC (worth about 130,000 yen) with a margin of about 5,000 yen!
Buying 1 BTC outright is difficult, but I think I could buy around 5,000 yen worth…!
However, because leverage is in effect, depositing only 5,000 yen does not mean you can buy 1 BTC.
■ When trading with leverage, pay attention to the maintenance margin and the liquidation rules
【A simple way to think about maintenance margin = margin cushion falls below the required margin triggers a loss cut/liquidation】
(Example) I deposited 50,000 yen into the account.
If you allocate 10,000 yen to the required margin, the available margin would be 40,000 yen.
If the market moves in the opposite direction of my entry, unrealized losses occur.
If that unrealized loss becomes -30,000 yen, the available margin is
5 (account balance) - 1 (margin) - 3 (unrealized loss) = 10,000 yen.
When the margin equals the available margin, the maintenance margin ratio becomes 100%.
If the liquidation rule states "If the maintenance margin falls below 100%, we will forcibly liquidate," then this unrealized loss would reach 30,000 yen or more, and if the available margin falls below 10,000 yen, a forced liquidation will occur.
Because 1 BTC is cheap at 5,200 yen, if you easily buy 2 BTC thinking it's cheap, the required margin doubles to 10,400 yen, but the unrealized loss also doubles, so be sure to run a simulation in advance!
【Everyone's BitCoin Trading Screen】
The trading screen is optimized for Google Chrome and features a simple, intuitive interface.
Order methods areMarket, Limit, Stop, and Trailing Stop orders(There are orders that trigger when the price moves by a certain % from the current price.)
Leverage can also be adjusted on the order panel as needed.
■ Comparison of Bitcoin exchanges with 25x leverage
Please note that Minna no BitCoin's maintenance margin is 110%.
Deposits in Bitcoin are free on both platforms!
By the way,
Swap/Position fees are charged when you hold a position across days, i.e., they are the fees applied.
These are fees.
If you trade with leverage, long-term holdings beyond a month are a loss, so be careful! (Holding for a month alone can incur about -1.5% to -3%...).
Understand various fees and the rules of leverage trading,
and efficiently manage your funds with short-term trading!
