Dear MAX User,
MAX will be introducing Borrowing, fulfilling diversified use of crypto to your needs. To gain early access to this feature, please visit https://campaign.maicoin.com/borrowing to apply with your MAX account email to be notified once the feature is available.
Borrowing crypto can amplify the impact of your trades by allowing you to borrow additional funds. If deployed as part of a responsible strategy, borrowing helps diversify your portfolio, allowing you to implement sophisticated strategies without additional capital. The strategies below are for references only and shall not be relied upon as recommendations:
- If bearish on BTC: Users can deposit USDT into M-Wallet, borrow BTC and sell BTC in BTC/USDT market. Once the price trends downwards, buying back borrowed BTC from the market to profit from the difference.
- If bullish on BTC: Users can deposit BTC into M-Wallet, borrow USDT and buy BTC in BTC/USDT market. Once the price trends downwards, buying back borrowed BTC from the market to profit from the difference.
Eligibility requirement: MAX Lv1 or Lv2 accounts.
Thank you,
MAX Digital Asset Exchange