International cryptocurrency exchange platform Hypexbit will roll out margin trading with 5x leverage for trading with Tether (USDT).
The exchange said in an announcement that the service will be available on its website and app. However, functionality will be limited for traders living in jurisdictions where margin trading is prohibited or restricted, such as Japan.
Crypto trading gets more complicated
Margin trading allows traders to use borrowed funds to increase their potential profits, but it is a high-risk strategy because it can increase losses if it fails.
Therefore, many platforms and regulators advise or interfere with retail traders involved in leveraged trading, often restricting options to accredited or institutional investors.
Briefly alluding to this, Hypexbit encourages traders to keep their strategies «appropriate» for their financial situation in light of the «significant risks» that can be taken when trading with leverage.