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BIT US stock financing trading is about to launch public beta, with professional trading capabilities continuously upgraded
ME News message: On June 23 (UTC+8), BIT (formerly Matrixport) officially launched US stock financing trading (Margin Trading) and will open public testing starting June 26. BIT is the first platform in the crypto industry to offer financing features. Users can now submit financing applications via the official website or app. BIT will review applications based on account status and risk management requirements, and will gradually open up financing credit limits.
In addition, functions such as securities lending are also under preparation and will be gradually rolled out in accordance with regulatory requirements and product progress.
During the public testing period, BIT simultaneously launched the activities “First Margin Loan · Limited-Time Interest-Free” and “Interest Cashback Gift.” During the campaign period, users who use financing for the first time will have their first loan with 0 interest for 30 days, allowing users to experience the leverage capital efficiency with $0$ interest.
Elio Cui, head of the brokerage business, said: “By being the first to provide financing functions, BIT completes the customer journey from account opening, trading, to capital leverage. This enables BIT clients to improve investment efficiency without relying on bank cards and without leaving the digital asset ecosystem—so they can seize the opportunity to position early in the world’s most wealth-generating assets.”
BIT also reminds users that while margin trading improves capital utilization efficiency, it also comes with corresponding risks. Users should fully understand the margin rules and risk control mechanisms, and participate prudently according to their own risk tolerance. (Source: BIT)