The platform, formerly Matrixport, said users can apply through its website or app, with credit limits subject to account status and risk controls.
BIT, formerly Matrixport, said on June 23 that it has officially launched U.S. stock margin trading and plans to open a public beta on June 26. Users can apply through the company’s website or app, while credit limits will be reviewed based on account status and risk controls. The platform also said securities lending (borrowing shares for trading or settlement) is in preparation and that beta users will receive a first 30-day interest-free loan promotion.