TechFlow News, on June 23, BIT (formerly Matrixport) announced the official launch of its U.S. equities margin trading service, with a public beta starting on June 26. BIT is the first platform in the cryptocurrency industry to offer margin trading functionality. Users can now submit margin applications via the official website or mobile app; BIT will review applications based on account status and risk management requirements, gradually granting margin limits.
Additional features—including securities lending—are also under development and will be rolled out progressively, subject to regulatory requirements and product readiness.
During the public beta period, BIT is launching two promotional campaigns: “First Margin Loan – Limited-Time Interest-Free” and “Interest Cashback Rewards.” Eligible users who borrow for the first time during the campaign period will enjoy zero interest on their initial loan for 30 days—enabling them to experience the capital efficiency of leveraged trading at no cost.
Elio Cui, Head of Brokerage Business, stated: “By pioneering margin trading, BIT completes the end-to-end client journey—from account opening and trading to capital leverage. This empowers BIT clients to enhance investment efficiency without relying on bank cards or exiting the digital asset ecosystem, allowing them to gain early exposure to the world’s most wealth-generating assets.”
BIT also reminds users that while margin trading improves capital utilization efficiency, it carries corresponding risks. Users should thoroughly understand margin rules and risk control mechanisms and participate cautiously according to their individual risk tolerance.
