Bitget launches isolated spot margin trading for MAGMA, EVAA, STRAX, BANK and GPS pairs

The exchange added MAGMA/USDT, EVAA/USDT, STRAX/USDT, BANK/USDT and GPS/USDT to its isolated spot margin lineup and is offering trading vouchers as part of the listing promotion.

USDT

Summary

Bitget said it has launched isolated spot margin trading for MAGMA/USDT, EVAA/USDT, STRAX/USDT, BANK/USDT and GPS/USDT. The exchange is also running a listing promotion in which users may randomly receive spot margin interest vouchers or position vouchers. Bitget said interest vouchers can offset part or all of the borrowing interest in margin trades, while position vouchers let users open margin positions without using their own funds. The vouchers can be claimed through the Coupons Center. The announcement also pointed users to reference material on completing Bitget spot margin trading and reiterated that cryptocurrencies carry high market risk and volatility despite high growth potential.

Terms & Concepts
  • isolated spot margin trading: Margin trading structure in which collateral is allocated to a specific trading pair or position rather than shared across all positions.
  • spot margin interest vouchers: Coupons that can offset some or all of the borrowing interest charged on margin trades.
  • position vouchers: Trading credits that allow users to open margin positions without using their own funds.