Dear CoinDCX Pro Traders,
We are excited to share that we have been getting an overwhelming response on our Margin platform and the demand is growing. At CoinDCX Pro, we take pride in our Margin product as the range of cryptos offered for Margin trade is unmatched and unparalleled to any other competitors in the crypto market. While interest rates on Margin have gone up till 50% globally due to increased demand, we are offering a competitive edge over them all.
To facilitate increased demand & growth, we will be increasing the Annual Interest Rate from 18% to 24% i.e ~ 0.065% daily (~0.0027% hourly) on Margin Trading. Also, we are improving our Lending rates to >16% placing us amongst the Top few Lenders globally so that the Margin available is enough for all our Margin Traders in this high demand time.
The changes will be effective from March 05, 2021 onwards and will be applicable to all new orders & positions placed after 11.59 PM (IST), March 04, 2021.
Kindly Note: Any existing order will not be affected.
We thank you all for your love & support for our Margin Product.