![margex-next-get-platform-review.png](https://cdn.steemitimages.com/DQmVNPaNg3rhxHwUu8sBiDEucWhztDRA7E53s4oFptPydkD/margex-next-get-platform-review.png)

Margex - A Better next-gen trading platform

With the development of the market, there are new trading platforms popping all over the place but few deserve attention like Margex. It is a perpetual contract bitcoin-based trading platform where you can use leverage to magnify your potential profits. This is a true next-gen custom build trading platform, the purpose of which is to provide a friendly environment for trading with one of the lowest fees on the market.

The custom-build trading engine

Margex trading engine is capable of handling 100 000 trx/s which is at the higher spectrum when compared to other trading platforms like Bybit and Bitmex. It is custom build specifically for Margex assuring that it can be upgraded on the fly without too much hustle thus adding the capability to add new features with ease.

Deposits and Withdrawals on Margex

Deposits unfortunately are limited to Bitcoin for the moment. There is the option to buy Bitcoin through Changelly with debit, credit cards but this is done through a third-party provider. Withdrawals are also limited to Bitcoin and are processed once per day at 13:00 UTC. If you are wondering withdrawals once per day is the standard of such platforms due to security reasons.

Trading Environment on Margex

![margex-trading-environment.png](https://cdn.steemitimages.com/DQmRb1322PEXjumVWGjYoSZ6vX86Z7fxhXoRbNXpJmX3L7w/margex-trading-environment.png) The trading environment on Margex is made to be very easy use to understand by newcomers to this type of trading. The platform is made by traders for traders, the trading terminal layout is familiar but yet is it different compared to Bitmex for example. Everything is made with consideration towards the trader - to have a clear view and all of the information to be easily accessible on one screen. Thanks to the trading engine the platform is highly responsive and from the ongoing test it is also very stable and in times of high volatility, there were no significant interruptions of the trading activity.

Trading pairs that can be traded on Margex

* BTCUSD * ETHUSD * XRPUSD * LTCUSD * EOSUSD * YFIUSD Each one of them can be traded with up to 100x leverage on an isolated margin where each position is independent of the other. On Margex you can also open trading positions in both directions on a single asset.

Margex Trading Fees

Pair	Maker Fee	Taker Fee	Funding/Long	Funding/Short	Funding Interval
BTC/USD	0.019%	0.060%	0.070%	0.050%	8 hours
ETH/USD	0.019%	0.060%	0.078%	0.080%	8 hours
EOS/USD	0.019%	0.060%	0.033%	0.035%	8 hours
LTC/USD	0.019%	0.060%	0.270%	0.200%	8 hours
XRP/USD	0.019%	0.060%	0.070%	0.075%	8 hours
YFI/USD	0.019%	0.060%	0.038%	0.040%	8 hours

The trading fees on Margex are one of the lowest and provide one of the most important elements for a reliable trading platform that is here for the long term - Competitiveness. Take notice that the funding fee interval for positions is executed every 8 hours.

Margex Liquidity Providers

Margex takes its liquidity from a pool of 12 liquidity providers that provide the best price matching and low slippage at all times.

Opportunity to earn passively

You can use the affiliate program of Margex to build a passive income by referring traders to the platform from which you will take up to 40% of their trading fees.

Is this truly a platform to keep an eye on?

Margex is one of the new trading platforms that people in the crypto industry should keep an eye on. Offering a custom build trading engine capable of handling high load is of utter importance. It will be one of the few platforms that in the future are going to allow its user base to vote on features that are to be implemented. By providing one of the best trading environments and a highly rewarding referral program, Margex may be a try competitor to Bitmex and Bybit. It would not be a surprise if in the near future Margex takes a big chunk of the pie and become a significant player in the leverage trading space. Go to Margex