Ethereum Classic (ETC) now available for margin trading on Poloniex

ETC/USD is changing hands at $7.15, off the recent high hit at $8.00. The 17th largest digital asset with the current market cap of $788 million and an average daily trading volume of $568 million has been growing strongly amid a series of positive fundamental developments. ETC gained over 3% in recent 24 hours and nearly 30% on a week-on-week basis.

Thus, one of the most active cryptocurrency exchanges Polonies launched marginal trading for ETC/BTC for non-US customers. It means that traders with Poloniex accounts outside US can trade ETC against BTC with 2.5 leverage.

This is the first addition to Poliniex marginal trading offering since the company’s acquisition by Circle in 2018. Though the exchange plans to add more tokens and base pairs for margin trading in the future.

Reference: https://www.fxstreet.com/cryptocurrencies/news/ethereum-classic-etc-now-available-for-margin-trading-on-poloniex-201904101006

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