Bitfinex technical director Paolo Ardoino posted a tweet that allegedly indicated the maximum leverage for derivatives preparing for launch.
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– Paolo Ardoino (@paoloardoino) 24 June 2019 r.
This tweet caused a flurry of user comments. However, thanks to one of them, it became known that, at first, isolated margin would be used in Bitfinex, allowing better control of leverage and the cost of liquidation.
Only isolated at the beginning. Better for risk management.
– Paolo Ardoino (@paoloardoino) 24 June 2019 r.
It also became known that tools with high leverage will be used separately from the main marginal market, limited to 3.3x.
It will be an optional instrument, no current to our current margin offering.
– Paolo Ardoino (@paoloardoino) 24 June 2019 r.
In addition, Ardoino assured users that Bitfinex will monitor strict compliance with margin requirements.
We have quite a margin margin requirement, with position increases. I'm proud. Of course we have to learn also from experience.
– Paolo Ardoino (@paoloardoino) 24 June 2019 r.
Recall, on Wednesday, June 26, Bitfinex will carry out technical work aimed at creating the foundation for launching derivative instruments.
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