CoinDCX expands it's lending services to include new tokens such as BTT (Bit Torrent token) and TRX (Tron) and announced this officially on twitter.
Currently interest rates offered for the newly added tokens for lending is 0.4% for TRX and .3% per month for BTT.
CoinDCX offers margin trading on via DCXMargin and according to their CEO the ultimate goal is offer traders to both go long and short on their trades for these tokens.
Currently there are 8 tokens available on CoinDCX for shorting and the company plans of increasing this number exponentially in the months to come.
As of press time (in BTC) Total Lent: 216.00, Total Borrowed: 165.06, Margin Open Orders: 1232
DCXLend is a secure and easy way to earn interests on cryptocurrencies. Minimum lending duration is 7 Days and they offer upto 2% interest rate and you can cancel anytime.
In recent times CoinDCX has proven itself to be a good exchange and few of my friends have been using it and seem very satisfied with the features offered. If you are a customer with this exchange please feel free to give me a feedback in the comments below.
Don't forget to tell them to add STEEM as well if you are a user with this exchange. :)
If you like my work kindly resteem it to your friends. You may also continue reading my recent posts which might interest you:
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Heard a lot of news on cryptocurrency in India but I know Indian friends still accumulating ethereum, Litecoin, Veil, Dent from exchanges for trades and hodl.
Congratulations @firepower!
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This is a good write up. My first hearing about the exchange though. If its available for my country, I will look it up. For now I use Binance, Kucoin, Vinex and Stex. Most of my ethereum, Veil, Litecoin trades happen there.
Beautiful writeup about the exchange, i will like to give it a try but is it as good as Vinex where i trade my Veil