Liquid, a trading platform that bridges fiat and crypto, has announced the launch of Bitcoin Cash (BCH) margin trading and lending, allowing investors to take up to 25 times leveraged positions.

According to Liquid’s website, liquidity providers can put up a portion of their balance (BTC, BCH or fiat) towards loans that are given to margin traders, which will pay out daily interest. These traders can then use the extra liquidity to take out both long and short positions.

Liquid is a product of QUOINE, a blockchain fintech company and creator of the QASH cryptocurrency. QUOINE previously raised $100 million via an ICO in 2017 and has conducted more than $50 billion in transactions over the past 12 months, as of July.

Bitcoin Cash, on the other hand, has a had a largely mixed year. We recently reported that SegWit, a protocol upgrade that enables a greater number of transactions per block to solve Bitcoin’s scalability issues, is outpacing Bitcoin Cash in network growth. Meanwhile, Roger Ver is planning to create or partner with an exchange, likely increasing BCH use.

BCH and QASH are currently ranked 4th and 71st, respectively, in the AltDex 100 Index (ALT100), a benchmark index for large-cap coins and tokens.

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Report: SegWit Is Growing Faster Than Bitcoin Cash (BCH)

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.



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