Margin Trading Interest Free Loans on the Bitshares DEX

In this video I show you how I use my collateral in Bitshares to then borrow Chinese Yuan (CNY). Then I use my newly borrowed CNY to then buy more Bitshares (BTS). Effectively its just like a bank except unlike a bank there is no interest to pay and the fees are approximately .01 per transaction.

That is the beauty of the Bitshares. It allows you to create your own bank and lend yourself money against your own collateral. Similar to a line of credit against the equity in your home.

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Post Author: CoinCryptoNews