Even so, there was widespread agreement
among margin trading service providers that many community members have a negative impression of the practice, in part due to the 2008 - 2009 financial crisis.
Meanwhile, the broker's trading volume on Click365, the Tokyo Financial Exchange's (TFX) exchange listed
forex margin trading service, grew 29 % over the month to 659,498 last month.
Coinone's so -
called margin trading services sees the exchange provide loans to traders with limited funds, allowing them to make larger - scale investments.
Following the inspections conducted by the People's Bank of China, the country's «Big Three» Bitcoin exchanges BTCC, OKcoin and Huobi have
stopped margin trading services.
However, Coinone says that as, unlike most overseas - based exchanges that
offer margin trading services, it does not charge interest on its loans, it has not broken the law.
Some also believe that
the margin trading services provided by these exchanges were causing an unusually high volatility in the price of Bitcoin, despite the common belief that such practices actually reduce volatility.
China Halts Margin Trading Following the inspections conducted by the People's Bank of China, the country's «Big Three» Bitcoin exchanges BTCC, OKcoin and Huobi have stopped
margin trading services.
Local S Korean Police Force Wants to Hit Exchange Platform with Gambling Lawsuit Police in the South Korean city of Incheon are looking to embark on a potentially game - changing case against cryptocurrency exchange platforms that provide
margin trading services.
The police believe that Coinone is a kind of gambling [business] that provides members with
a margin trading service that predicts the market price after a maximum of one week and chooses the number of short sales and makes profit or loss according to the result.