Advantages of crypto currency trading with leverage
1.Profit plus profit: Leveraged margin trading allows you to earn higher profits if the position goes in the right direction. The risk, however, is that if the trade fails, the amount of loss can be further increased.
2. Portfolio diversity :Thanks to the encouragement, traders are not forced to lock up too much capital in a trade. This allows them to use more capital in other businesses
3.To make a profit from market collapse: Leverage traders can profit from a declining market by opening a short position, which means they are willing to sell higher and buy at a lower cost.
Examples of crypto currency leverage trading: If a trader takes a short position of 10,000 XRP for 10x leverage, and the price of Ripple drops by 3%, the trader will gain 300 XRP. Similar spot trades without encouragement resulted in only 30 XRPs being earned .