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Rakuten Corporation Rakuten Wallet launches crypto asset margin trading service today (https://www.rakuten-wallet.co.jp/service/leverage_app_wallet/)

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Rakuten, Inc. Rakuten Wallet Launches Crypto Asset Margin Trading Service Today (https://www.rakuten-wallet.co.jp/service/leverage_app_wallet/) -Newly released "Rakuten Wallet Pro", a smartphone application…

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Rakuten, Inc.
Rakuten Wallet Launches Crypto Asset Margin Trading Service Today (https://www.rakuten-wallet.co.jp/service/leverage_app_wallet/) -Newly released “Rakuten Wallet Pro”, a smartphone application exclusively for cryptographic asset margin trading-
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Rakuten Wallet Co., Ltd. (Headquarters: Setagaya-ku, Tokyo; President: Tatsuya Yamada; hereinafter “Rakuten Wallet”), a consolidated subsidiary of the Rakuten Group that operates a cryptocurrency (virtual currency) exchange business, Thursday), we began offering a crypto asset margin trading (leverage transaction) service, and launched a new smartphone application “Rakuten Wallet Pro” dedicated to crypto asset margin trading (Note 1).
[Image
The transaction screen of Rakuten Wallet Pro allows you to manage multiple assets at once and customize the chart display that is optimal for customers, and adopts an interface that specializes in margin trading that meets customers’ detailed needs. I am. In addition, in order to provide customers with a safe and secure trading environment, margin is protected as a bank deposit through Rakuten Trust, and in margin trading, if the margin maintenance rate is less than 100%, In order to limit customer damage to below a certain level, it is designed to force settlement (loss cut) of positions (positions) until the maintenance rate recovers to 100%.
お 客 様 By providing services with this app, customers can trade margins 24 hours a day, 365 days a year, regardless of location (Note 2). The crypto assets subject to margin trading are “Bitcoin (BTC)”, “Ethereum (ETH)”, “Bitcoin Cash (BCH)”, “Litecoin (LTC)” and “Ripple (XRP)”. , ETH / JPY, BCH / JPY, LTC / JPY, XRP / JPY, you can trade up to twice the amount of margin with 5 kinds of currency pairs.
In order to use this service, you need to open both a spot trading account and an account dedicated to margin trading. Customers who already have a physical trading account can apply for a margin trading account simply by entering the required information in the dedicated form on My Page (Note 3) (Note 4).
Rakuten Wallet Co., Ltd. will continue to provide transaction services that allow customers to use it safely and comfortably as a virtual currency exchange company of the Rakuten Group, and will further expand services by taking advantage of the Rakuten Group’s synergies. (Note 1) Compatible with Android (TM) and iOS.
(Note 2) Excludes maintenance time.
(Note 3) In order for customers to perform margin trading, a separate smartphone application dedicated to margin trading “Rakuten Wallet Pro” must be installed separately from the smartphone application “Rakuten Wallet” dedicated to cash transactions.
(Note 4) Please note that there are screenings regarding investment experience, investment purpose, and other certain conditions when opening an account. In order to open a dedicated account for margin trading, it is necessary to open an account for “Rakuten Wallet” spot transaction in advance. In addition, in order to open an account for “Rakuten Wallet” spot transaction, an account of “Rakuten Bank” is required in advance.
■ Overview of Crypto Asset Margin Trading Service
・ Service start date: Thursday, March 26, 2020
・ Application name: “Rakuten Wallet Pro”
・ Account opening application page: https://my.rakuten-wallet.co.jp/login ・ Available cryptocurrency pairs: BTC / JPY, ETH / JPY, BCH / JPY, LTC / JPY, XRP / JPY
-Service content: On the smartphone application “Rakuten Wallet Pro” dedicated to cryptocurrency margin trading provided by Rakuten Wallet, you can trade up to twice the amount of margin in any currency pair anytime 24 hours a day, 365 days a year.
* Excludes maintenance time.
* “Rakuten Wallet Pro” is compatible with Android (TM) and iOS. * Android (TM) is a trademark of Google LLC.
* IOS is a trademark or registered trademark of Cisco in the United States and other countries.
■ About Rakuten Wallet Co., Ltd.
Rakuten Wallet Co., Ltd. (formerly Minna no Bitcoin Co., Ltd.) launched the virtual currency exchange service on March 30, 2017. On September 7, 2017, submitted a registration application for a virtual currency exchange company pursuant to Article 63-3, Paragraph 1 of the Funds Clearing Act to the Kanto Finance Bureau, and on March 25, 2019, the Funds Clearing Act Has been registered with the Kanto Local Finance Bureau as a “virtual currency exchange agent” On March 1, 2019, the company changed its trade name from Former Bitcoin Co., Ltd. to Rakuten Wallet Co., Ltd. On March 26, 2014, we began offering crypto-margin trading services.
that’s all



For more information about this release(Japanese):

https://prtimes.jp/main/html/rd/p/000001180.000005889.html


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