Margin trading is “borrowing to trade.” To open a margin trade, first you only need to have a part of the required amount of asset, which then is put up as margin (Used Margin). You then take a loan from lenders (see Asset Lending) to open the trade.
The size of the loan depends on the leverage rate selected before opening the trade. QUOINE offers 2x, 4x, 5x, 10x, and 25x rates. The higher the rate, the bigger the loan.
Profits and losses are elevated in margin trading. However, you will have to pay attention to keep your balance above a certain limit for as long as the trade is open. When your balance is not enough to cover daily interest and unrealized PNL, your trades will be closed prematurely by system until the balance is brought back above that level.
For more details, see Spot Trading & Margin Trading section.