Trading limits on Coins.ph Crypto on Credit are designed to ensure both accessibility for beginners and platform stability for larger traders. Learn everything you need to know about trading limits and how they affect your trading strategy.
Key Aspects of Coins.ph Crypto on Credit
- Platform Access: Crypto on Credit transactions (borrowing, trading, etc.) is currently only available on the Coins.ph website.
- Credit Wallet: A dedicated wallet for managing borrowed assets and collateral.
- Available Assets: You can currently borrow PHP, BTC and more assets.
Trading Limits Explained
When trading with Crypto on Credit, there are indeed minimum and maximum amounts you need to be aware of.
- Minimum Trade Amount: Each order should meet the minimum price movement per corresponding trading pair rules to proceed. The minimum trade amount is at least 0.0001.
- Maximum Trade Amount: If you want to trade an amount higher than the maximum limit, split your trades into smaller amounts.
How to trade with borrowed assets?
Read more here for a step-by-step guide on with Crypto on Credit loaned assets.
Trade More with Credit
To trade at higher volumes or to at least meet the minimum amount, increase your Credit Wallet balance by clicking the Increase credit button or switching to the Credit Wallet of the Portfolio tab to receive funds from your Spot wallet.
Frequently Asked Questions
Where can I find the exact minimum and maximum trade amounts?
When you input your trade amount on the Coins.ph website under the Credit tab, the platform will indicate whether your amount meets the requirements.
What happens if I try to trade below the minimum amount?
The transaction will not proceed if it does not meet the minimum price movement per corresponding trading pair rules.