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Cryptocurrency Exchange Bitstamp Partners With Silvergate Bank To Pilot Leverage Trading

Roland James

Summary: Bitstamp, The twelfth-largest cryptocurrency exchange, has entered a partnership with cryptocurrency-friendly Silvergate Bank in order to pilot Bitcoin (BTC) leveraged trading. On Tuesday, Bitstamp announced on their website that the exchange will act as the launch partner for the bank’s Silvergate Exchange Network (SEN) Leverage service. In the beginning pilot stage leverged trading will only ...

Bitstamp, The twelfth-largest cryptocurrency exchange, has entered a partnership with cryptocurrency-friendly Silvergate Bank in order to pilot Bitcoin (BTC) leveraged trading.

On Tuesday, Bitstamp announced on their website that the exchange will act as the launch partner for the bank’s Silvergate Exchange Network (SEN) Leverage service. In the beginning pilot stage leverged trading will only be available to select institutional customers. Currently Bitcoin is the only collateral supported by the service.

By Roland James

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