Their margin fees are completely absurd. As high as 12% per day.
there margin fees are ridiculous. I went long on ETH 1oth 1.25 bitcoins worth 5x leverage. It move 15 points. They made over $150, I made $30. I could make just as much just holding ETH alone instead of risking all of my money on a highly leveraged trade.
BTC-E wash the shit I would have made $200 on the same trade. But they are gone now.
Only a dumbshit would trade on Whaleclub.