Spot Margin Trading on Backpack Exchange enables you to borrow funds based on the value of your account to amplify your buying or selling power. Since Backpack Exchange uses a cross-margin system by default, all assets in your account are automatically used as collateral.
How To Enable Margin
1) Navigate to the Spot dashboard.
2) Tick the Margin box in the order menu.
This will automatically enable all eligible assets in your account to be used as collateral.
Do you have questions or require further information?
Click the red Live Chat button in the lower right of your screen or contact us via email at: support@backpack.exchange
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