Announcement on CoinEx’s Launch of Automatic Loan & Repayment Function.
In order to provide users with a better-leveraged trading experience, the CoinEx web terminal has launched the automatic loan and automatic currency repayment functions on November 24, 2021 (UTC+8), and the APP terminal does not support it temporarily.
Details are as follows:
Auto Loan
When using this function to place an order, the user can directly enter the amount of assets that exceed the available assets of the margin account to place the order.
The excess part of the system will automatically borrow and immediately start interest calculation. This function can solve the problem of manual borrowing.
The problem of excess borrowing leads to idle assets.
Auto Repayment
After checking this function, the system will check all the leveraged accounts of the user every 5 minutes.
If the available assets of the corresponding currency ≥ the assets to be returned, the automatic currency return operation will be triggered.
This function can solve the problem of overpayment of interest due to the delay in repaying coins manually.
Choose any leveraged trading pair, and check “Auto borrow currency” or “Auto return currency” in the order placing area.
The automatic borrowing function and automatic repayment function are turned off by default.
The automatic borrowing function only supports the use of limit price or market price order types.
Please check CoinEx official website or contact the customer support with regard to the latest information and more accurate details.
CoinEx official website is here.
Please click "Introduction of CoinEx", if you want to know the details and the company information of CoinEx.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...