CoinJar, Australia’s most established crypto exchange, added support for 5 altcoin projects alongside Shiba Inu (SHIB): Origin Protocol (OGN), Audius (AUDIO), Cartesi (CTSI), Fetch, in a tweet Wednesday. .ai (FET) and Quant Network (QNT). In addition, Huobi, one of the world’s largest crypto exchanges, has announced that Shiba Inu (SHIB), Terra (LUNA) and Solana (SOL) are now available for margin trading. For details cryptocoin.com read.
Let’s get to know two well-established exchanges listing altcoin projects
Melbourne-based crypto exchange CoinJar was launched in 2013 and currently has around 400,000 registered users. The list of investors on the exchange includes Barry Silbert’s Digital Currency Group, Sydney-based Blackbird Ventures and Australian entrepreneur Chris Hitchen. In August, CoinJar released a Mastercard-backed cryptocurrency card that supports 30 different cryptocurrencies.
In late September, CoinJar’s UK subsidiary received registration from the UK’s Financial Conduct Authority (FCA). He has joined 10 other crypto companies that have managed to achieve similar success. Also, CoinJar was ranked among Australia’s top fintech startups in 2021 earlier this month.
Huobi, one of the world’s largest crypto exchanges, has announced that Shiba Inu (SHIB), Terra (LUNA) and Solana (SOL) are now available for margin trading. Huobi Global supports cross margin and isolated margin. In the cross margin mode, which was launched by the exchange last December, a position can draw more margin than the total available balance in the respective digital currency. In this way, it is possible to stabilize a losing position to avoid a liquidation.
It is important to remember that margin traders place their orders on the spot market. Futures traders, on the other hand, operate in the derivatives market by trading on futures contracts, which can be traded with much higher leverage. Earlier this year, Huobi banned derivatives trading in multiple countries due to regulatory issues.
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