DMM Bitcoin launch takes place on 11 January 2018
Japan based DMM Groups’s coin exchange platform called DMM Bitcoin launches on 11 January 2018 with assets including Bitcoin, Ethereum, Ethereum Classic, Litecoin, Ripple, NEM and Bitcoin Cash.
In addition to “Zero” transaction fee for unleveraged trading, DMM Bitcoin comes forward for leveraged coin exchange option that enables traders to buy and sell coins with 5x their capitals.
The 7 supported cryptocurrencies are bitcoin (BTC), ether (ETH), nem (XEM), ripple (XRP), litecoin (LTC), ethereum classic (ETC), and bitcoin cash (BCH). Spot trading is available for trading pairs – BTC/JPY, ETH/JPY and ETH/BTC. Leverage of 5x is available for 14 trading pairs. While there is no transaction fee, the leverage fee is 0.04% per day.
What do you think of leveraged coin exchange ? Would you consider trading coins with leverage ?