Victoria, Seychelles, January 29th, 2025,
Chainwire
Margex, a trading platform offering accessible and
user-friendly copy trading, unveiled Ripple's stablecoin (RLUSD) as collateral for trading crypto
pairs.
Margex now supports RLUSD alongside other stablecoin options,
such as USDT, offering users access to reliable and efficient
trading solutions.
RLUSD is a U.S. dollar-pegged stablecoin maintained at a 1:1
ratio, backed by a collateralized mechanism that includes dollar
deposits, government bonds, and cash equivalents. This structure
aims to enhance stability and security for users engaging in
digital asset transactions on the Margex platform.
Ripple's stablecoin (RLUSD) is designed on the XRP ledger and
Ethereum network enabling its users to access its liquidity,
security, fast transaction speed, and low transaction fees across
borders. This structure aims to enhance efficiency compared to
traditional financial systems.
Margex exchange listing RLUSD on its platform will help its
users achieve the following: fast and secure cross-border payment
globally, offering stable value in RLUSD as a trusted stablecoin
for trading other crypto assets and for payment, streamlining
payment methods, offering cheap and secure options for users, and
can be used as a hedge for market fluctuations.
Margex Exchange Unveils TradingView's Charting Tool to
Its Users
To enhance the trading experience for its users, Margex has recently
integrated TradingView charting tools. These tools allow Margex
users to gain access to real-time price data and drawing tools to
make the best trading decisions for crypto assets. Margex's
integrated TradingView chart contains 100+ technical indicators,
110+ drawing tools, and 17+ chart types, all of which are included
on Margex.
Margex has also included Dogecoin (DOGE) as an instant withdrawal and
deposit option in addition to other existing options, such
as KAS
(Kaspa) and TON enabling users
to carry out transactions seamlessly.
Margex also plans to unveil its ultra-modern wallet, allowing
users to control their digital assets in a secure
platform.
About Margex
Established in 2019, Margex is a boutique
cryptocurrency exchange offering a secure, efficient, and
convenient copy trading platform. Margex's copy trading feature
allows users to replicate professional traders' strategies, making
trading accessible to all experience levels. Professional traders
can also earn rewards by sharing their strategies.
With a minimum deposit of $10, traders can access all of
Margex's copy trading functionality. It is recognized for its
user-friendly interface within the crypto industry.
Users can follow Margex on Facebook, Twitter, Telegram, and YouTube, or join the Margex
team
Contact
Head of
Communications
Alsu
Irkabaeva
Margex
pr@margex.com
