Svmuu News: BIT (formerly Matrixport) has announced the official launch of its U.S. stock margin trading feature, which will enter public beta testing starting June 26. BIT is the first platform in the crypto industry to offer margin trading. Users can now submit margin trading applications via the official website or app. BIT will review applications based on account status and risk management requirements, and will gradually grant margin limits.
In addition, short selling and other features are currently in development and will be rolled out gradually in accordance with regulatory requirements and product progress.
During the public beta, BIT is simultaneously launching the “First Margin Loan · Limited-Time Interest-Free” and “Interest Cashback” promotions: Users who use margin trading for the first time during the promotional period will enjoy 0% interest on their first loan for 30 days, allowing them to experience the capital efficiency of leverage at no interest.
Elio Cui, Head of Brokerage Services, stated: “By being the first to offer margin trading, BIT has streamlined the customer journey from account opening and trading to leveraging capital. This enables BIT customers to enhance their investment efficiency and gain an early foothold in the world’s most wealth-generating assets—all without relying on bank cards or leaving the digital asset ecosystem.”
BIT also reminds users that while margin trading enhances capital efficiency, it also carries corresponding risks. Users should fully understand the margin rules and risk control mechanisms and participate prudently based on their own risk tolerance.