Cobinhood has begun accepting users to test their margin trading beta stage 2 with the news released on their announcements page.
Cobinhood exchange has begun rolling out its beta testing for margin trading on their site. The small exchange which offers zero trading fees has seen some major growth following a successful ICO in 2017.
Stage 2 has officially begun with Cobinhood offering 3x margin on BTC/USDT, ETH/USDT, and COB/ETH pairs so far.
Cobinhood will also be implementing a margin funding feature that will allow funders to lend cryptocurrency funds to margin traders in return for opportunities for earning certain interest on the lent funds. Funding will be accepted for COB, ETH, BTC, and USDT.
The beta requires users to make use of their own funds and will need to pass account verification level 2 in order to participate.
The margin trading will be online from the 27 August 2018.