MarginSwap Will Be Launching On Avalanche
On-chain spot and margin trading protocol for crypto assets, MarginSwap will be launching its decentralized money market on Avalanche to support spot and cross margin trading for AVAX, PNG, WBTC, ETH, and USDT. Traders will be able to borrow up to 5x their deposits.
“This expansion is a big stride forward for Marginswap as we begin to transform into a multi-chain protocol.We’re excited to join the Avalanche community and help users trade, lend and borrow with a simple, streamlined app.”—Doctor O., Marginswap Founder
For Marginswap, deploying on the Avalanche blockchain enables its users to finally trade without worrying about gas prices and high transaction costs.
ABOUT MarginSwap
Marginswap is a decentralized trading protocol that natively supports spot and cross margin swapping of assets on AMMs like Uniswap and SushiSwap. Using Marginswap, users can trade a wide variety of tokens, much like they already do on existing protocols, but with leverage.
ABOUT Avalanche
Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem.
