What is Leverage in Crypto Trading and How Does it Work? šŸ“ˆ

Leverage is a tool that lets you trade with more money than you actually have. Imagine having $100 but trading as if you had $1,000ā€”leverage makes that possible by "borrowing" funds to boost your buying power.

Hereā€™s how it works:

1. Amplified Profits & Losses: Leverage can multiply your profits and your losses. A 10x leverage means any profitā€”or lossā€”will be ten times bigger!

2. Know Your Risk: Trading with leverage can be risky. If the market goes against you, you could lose your original amount (or more). Always use caution!

3. Margin Calls: If your position drops too far, you may get a ā€œmargin callā€ requiring more funds to keep the trade open or face liquidation.

With CryptoTradeMate, you get expert insights and support to manage leverage like a pro and trade with confidence!

$TRB

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