You can borrow money against your cryptocurrency with Dukascopy Bank financing. Instantly receive 50% of the value of your cryptocurrency while keeping your investments.
Current market value is 29455.8 USD
Transfer your cryptocurrency from your blockchain wallet to your MCA.
Find the transferred crypto in the 'Investments' section of MCA. Select the option "Crypto lending/borrowing".
Sign the proposed 'Trading Agreement' to get an e-mail with login credentials of your trading subaccount.
In your MCA account, you will find 50% of your investment market value in fiat.
In your trading sub-account, you will find another 50% of your investment market value in fiat as collateral, and your crypto investment as an open position.
By following these steps, you can move your cryptocurrencies from the blockchain to your Dukascopy MCA account and access the funds. You are free to use the received fiat currency as you need it.
1 bitcoin market price is $100,000.
From your blockchain wallet, you fund your MCA account with 0.1 Bitcoin.
If you choose to lend it and get cash, the following operations will be automatically done for you:
1 bitcoin market price is $100,000.
From your blockchain wallet, you fund your MCA account with 0.1 Bitcoin.
If you choose to lend it and get cash, the following operations will be automatically done for you:
If you want to convert your marginal position into a Bitcoin investment on your MCA account with further delivery to the blockchain, you will need to do the following:
The trading account is specifically designed for managing your transferred investments. You will receive login instructions to access the Bank's trading platform - JForex. You can also transfer your investments back to your MCA account upon request, without any fees, as long as you have enough funds in your MCA account.
While MCA accounts have limited investment options, transferring to JForex provides access to over 1200 trading instruments. Moreover, the trading account requires less funds, making it easier to add positions. JForex offers various tools, such as a graphical interface, pending orders, and price alerts, to help you monitor and manage your investments more efficiently.
For more information on JForex trading accounts, please visit the Dukascopy website at www.dukascopy.com. You also have the option to open DEMO trading accounts for testing purposes.