Bitfinex Increases Maximum Leverage and Reduces Haircut for Tezos (XTZ) Margin Trading

We're pleased to announce some exciting updates to margin trading for Tezos (XTZ), designed to enhance the trading experience of our customers.

From 17/02/20 9:00 AM (UTC), Tezos pairs (XTZ/USD), (XTZ/BTC) can now be traded with a higher maximum leverage of 3.3x (increased from 2x), a lower initial equity of 30% (reduced from 50%) and a lower margin maintenance of 15% (reduced from 25%).

XTZ can also be held as collateral for margin trading with a lower haircut of 30% (reduced from 50%).

For more information on margin trading, please visit: https://support.bitfinex.com/hc/en-us/articles/115004555165-Intro-to-Margin-Trading