CEX.IO Broker is pleased to announce that it has cleared all fees, becoming the world’s first commission-free cryptocurrency margin trading platform with this unprecedented move.
In recent months, the cryptocurrency asset class has seen significant growth in demand from both individual and institutional investors. number of cryptocurrency users worldwide. more than doubled between January and June 2021. Along with investors, the number of traders looking to profit from short-term cryptocurrency price fluctuations has also increased.
As new traders flock to dynamic crypto markets, they often find that trading fees can absorb a significant portion of their profits and even turn their ROI negative.
CEX.IO broker understands how commissions can affect the financial results of trading strategies. Here’s why Broker CEX.IO introduced commission-free trading on their digital asset margin trading platform. This move allows clients to trade all pairs supported by the platform without fear that the fees will take away much of their profit.
Refusing to charge traders commissions for opening, closing and holding positions, CEX.IO Broker offers users greater freedom to take advantage of a wide variety of market opportunities.
commission-free CEX.IO broker is part of the CEX.IO ecosystem. This means that the more users, for whom margin trading is appropriate, can leverage the markets on CEX.IO Broker, the more activity it generates on other CEX.IO products. Users receive democratized access to the decentralized economy and the entire CEX.IO ecosystem benefits from it.
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In addition to eliminating fees, CEX.IO Broker continually expands the mix of currency pairs available to trade. In the summer of 2021, an extensive list of DeFi token pairs augmented an already diverse set of markets on the platform.
Users can open long and short positions on AAVE, BTT, BNT, KAVA, KNC, SNX, UMA, and many more. In addition to digital assets, users can also trade derivatives on commodities, fiat currencies, and larger stocks.
About the CEX.IO broker
As a key product of the CEX.IO Group’s ever-expanding ecosystem, Broker CEX.IO is a robust digital asset margin trading platform that offers high flexibility for its clients. Created to allow market participants to benefit from up and down movements in cryptocurrency prices, the service allows users to trade long and short digital assets by trading leveraged derivatives.
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