update 25 October 2020

How to Margin Trade Cryptocurrency on Bithumb Global

Margin trading is one of the best features Bithumb Global offers. Impressively, users can get 10X leverage on their trading positions. Professional traders utilize leverage trades daily to increase ROIs and take advantage of market volatility. As a savvy investor, you should understand the concept, and when it’s best to employ it.

What is Margin Trading?

The term margin trading refers to an investment strategy in which an investor utilizes borrowed funds from a broker to trade a financial asset. Margin trading brings with it some significant advantages. For one, users enjoy higher returns when they complete a leveraged trade. Margin trading loans feature competitive interest rates and are considered a more comfortable financing option in the market.

Margin traders also enjoy more diversification in their strategies since they have more funds to commit to their plans. Diversifying your investments can help to protect you against total loss. It also allows you more opportunities.

Margin Trading on Bithumb Global

Margin trading on Bithumb Global is easy to set up. There are multiple cryptocurrencies available for leveraged trading. These trading pairs offer users up to 10X leverage on their positions. The first step of the process is to register for margin trading access. Once you receive an approval notice, you can then transfer your funds into your Margin Account.

From your trading portal, you need to select Assets in the upper right corner. Then, select the Deposit button. From here, you will need to decide how to fund your account. You can fund your account with BTC, USDT, or any of the cryptos that are available for margin trading. Next, go to your margin trading account section by pressing Margin.

You will see a prompt that asks you to select the amount of BTC you desire to margin trade. Conveniently, Bithumb Global automatically allocates funds based on your margin account, holding assets, and margin multiples. This feature streamlines the entire margin trading process significantly and makes it more user-friendly to new investors.

Long or Short

You will also need to decide whether to long or short your investment. Longing your investment means that you expect the value to rise. Shorting is the opposite. You expect the value to drop when you short an asset. 

For example, let’s say you have one BTC, and you expect the price to rise significantly in the coming week. You could take out a 10X leverage and purchase more BTC. Once the price goes up, you can sell your assets and repay the loan. The best part is you get to keep all the extra profit made from your broader investment positioning.

Shorting is the reverse strategy. You take out a loan to buy more crypto, and then you sell it instantly. Once the value of the asset drops, you then repurchase at the lower price. Lastly, you repay the loaned amount and keep the difference.

Track Your Trades with Ease

There is a detailed description of your margin trading activities on the lower right side of the page. You can also see leveraged multiples and borrowings. In this way, it easy to monitor these investments as they mature.

Get Mobile

Bithumb Global has a cool mobile app. The exchange looks excellent in the app, thanks to the vibrant layout and straightforward interface. From here, you can accomplish all of the most common trading activities. The app is free to download and only takes around five minutes to set up. You will need to prove your identity as the platform is KYC/AML compliant. Bithumb Global’s mobile app is available in both the Android and iOS mobile configurations.  


Who doesn’t like to win free crypto? Bithumb Global keeps its community engaged and excited via constant promotions. These events, contests, and prizes help Bithumb global provide users with a fun and entertaining investment experience. 

Features Galore

Bithumb Global packs all the latest blockchain features into a secure platform. Users have access to margin trading. Margin trading is an advanced strategy that involves taking a loan out before your trading activities to leverage your position. The practice is widespread in the stock markets because it improves your ROI potential significantly.

Liquidity Staking

No proper #CeFi platform is complete without staking options nowadays. Bithumb Global continues to be a pioneer in the exchange sector by integrating its BG Staking protocol. Notably, staking is only available at select times. Users receive rewards for locking their cryptocurrency in the firm’s liquidity pool.

Smart Tokens Rule

Bithumb introduces the world to “smart tokens.” These tokens are cryptocurrency-pinned stablecoins used for specific trading purposes. The introduction of these unique financial instruments makes it possible to short Bitcoin. Buying a smart token is similar to opening an unleveraged short position on the underlying cryptocurrency. 

Bithumb Global Has a Strong Community of Users

Bithumb Global managed to secure a healthy following of users in a short period. The platform features an active and vocal social media presence. Users can communicate directly with developers via these channels. In this way, developers can understand what features and coins hold the most value to their users.

Transparency Is Paramount

In terms of centralized exchanges, Bithumb Global is one of the most transparent. The platform was built from the ground up with strict ethical principles. For example, Bithumb will periodically allow third-party audits of their holdings. This data is available via network financial reports published on the blockchain. 

Bithumb Global – The Right Exchange for the Times

Bithumb Global has proven to be the right exchange for investors seeking reliable margin trading alternatives. This fully regulated and externally monitored exchange continues to see record growth alongside the rest of the market. 

price change

Much can be said about the group’s pioneering spirit and the monumental accomplishments the crew has made thus far. For now, Bithumb Global remains one of the most robust cryptocurrency trading platforms in the world.

More posts

Historical Hardfork Events Every Crypto Enthusiasts Should Know About

Blockchains have been gaining attention since the history of crypto. The highly advanced systems help decentralize and streamline financial systems globally. As the blockchain systems grow, investors start noticing issues and propose an upgrade. However, for any upgrade to occur, blockchain requires the consensus of all participants. If there is no consensus, two factions with opposite ideas may form. The developers may choose to go ahead with the upgrade but maintain the status quo in the original chain. At that point,…

Future Crypto Events that we Should Look Forward to

The crypto world is growing at an interesting rate, with new projects coming up every other month as solutions to the financial world. For that, people around the world hold annual events to celebrate crypto progress while at the same time discussing the future. Top industry experts and project developers often organize these events inviting reputable people in the fintech industry to offer ideas and opinions on several topics about cryptocurrencies. Some of the events occur annually, while others are…

Understanding Cardano’s Non-Interactive Proofs of Proof-of-Work

Cardano, the fifth-largest cryptocurrency by market cap and soon to be the second-largest Dapp center, is one of the unique blockchain technologies of 2021. In addition, Cardano has a native coin named Ada, performing very well in the crypto markets.  However, Cardano as a network adopted a sidechain system, where the network runs two blockchains. The original blockchain, the Cardano settlement layer(CSL), deals specifically with powering the Ada currency and other settlements done with Ada. It leverages POS to release…

Understanding How ADA Delegation Rewards are Calculated

Founded by Charles Hoskinson, Cardano is a blockchain platform seeking a decentralized application (DApp) development platform. The Cardano platform runs on the Ouroboros consensus protocol. In addition, it leverages the Delegated Proof-of-Stake (DPoS) consensus mechanism meaning that users can delegate their ADA to other pools to be staked and earn rewards.  The two primary ways ADA coin holders can invest and earn rewards on the Cardano blockchain include; running their own stake and delegating their ADA to a staking pool.…

5 Unique Features of Proof-of-Stake Crypto Projects

Ironically, decentralization, one of crypto assets' vital features, is a potential Achilles heel too. Eliminating third parties from transactions enables peer-to-peer exchanges. However, the absence of a third party also creates loopholes for double-spending by mischievous parties. It's for this reason that networks agree on specific consensus mechanisms. They are the rules and procedures that all devices in a network follow in confirming that certain blockchain transactions are correct. They also help in protecting the network against malicious activities, thereby…

Understanding the Crypto Reset Time

Humanity hangs in the balance as the deadly Coronavirus affects various sectors, including healthcare, manufacturing, finance, and many more. Since the beginning of the outbreak, governments and citizens have had to adopt a new lifestyle that involves quarantine and social distancing practices.  To offset the current pandemic situation, global stakeholders at the World Economic Forum came up with a radical solution known as the Great Reset, which aims to change the global economy. The meeting, which took place in June…

Common BTC Price Chart Patterns Every Day Trader Should Know About

For several years now, market patterns have been used by expert crypto investors to maximize incomes. They do this by knowing the right time to enter the market. Crypto investors have also been beneficiaries of market chart patterns, with some identifying a position of great prospect and investing.  Being the most popular asset with the highest volatility rate, Bitcoin has shown many different market patterns that can help investors maximize incomes. So what are the most common patterns in the…

How to Minimize Risks When Trading Digital Assets

The cryptocurrency revolution is moving full-steam ahead with increasingly global acceptance. For instance, India has seen its residents invest over $6.6 billion in crypto assets in May 2021. That figure is even more impressive when we discover that it grew from nearly $923 million in April 2020. Today, trading in digital assets is no longer available only for a handful of geeky investors worldwide. Instead, many see the rise of DeFi and the increasing popularity of cryptocurrencies as a unique…

Scenarios When the Value of Bitcoin Could go to Zero

There's no doubt that bitcoin is the most valuable crypto asset of our day. According to coinmarketcap, when writing this, the price of Bitcoin was around $31k. Even more, the market cap was almost $600 billion, twice the value of the second largest crypto asset. Bitcoins market capitalization is larger than the value of the first ten altcoins combined.  Expert analysts have predicted that in the future, the prices of bitcoin could increase to about $300k. Looking at the past…

Cryptocurrencies vs. Fiat Currencies; Which One is Greener?

Money oversees the majority of activities individuals intend to fulfill in their daily lives. By taking coins or paper money, fiat currencies can operate as legal payment tools regulated by a government. Cryptocurrencies began to feature in the market more than a decade ago to replace the traditional financial system with an advanced mode of transacting. Despite uplifting most users' lives and living standards, digital and fiat currencies portray specific impacts in the global environment. Generally, the environmental conservation topic…