Dutch Bitcoin exhange leveraged trading this week, making it the first European exchange to offer this trading option. Leveraged trading, which is offered on CleverCoin as “Boost spot contracts”, enables traders to gain on the Bitcoin price going up or down with a multiplier. It essentially allows users to buy or sell more bitcoins than what they can afford with the funds in their wallet. CleverCoin's Boost spot contracts are currently limited to a 10x leverage, meaning traders can buy or sell ten times the amount they hold, which allows them to increase their profit margins tenfold. Losses, on the …
Art by: Jing Jin Update: Justcoin has responded to our questions indicating that no such deal is imminent and stresses that they are still focused on getting users to withdraw their funds. Stating: "We've been contacted by many other digital currency businesses since our announcement. Right now, our focus is on making sure our users withdraw their funds." Justcoin had a bad October. After controversy regarding an issue with the Ripple protocol (Ripple claims that the issue was with Justcoin, while Justcoin maintains that the issue was with Ripple's protocol) they announced to its users through email that issues with …