Turn Bear Markets into Profitable Trading Strategy with BitMEX Margin Trading
Margin trading
Margin trading is an extremely profitable strategy that works well for beginners, intermediate, as well as advanced traders. Crypto trading with leverage enables its traders to trade with power by borrowing funds from the top exchange platforms.
How BitMEX trading with leverage works?
As we all know, BitMEX is the most popular crypto exchange platform that allows its traders to trade with the leverage of up to 100x on Bitcoin. BitMEX is providing traders’ with an opportunity to increase their potential gains while trading with leverage. However,
How does BitMEX margin trading work?
Let’s say, the value of Bitcoin (BTC) is 20K USDT and you are using a 10x margin on the BitMEX margin trading tab. And, if you have 1 BTC, then with margin trading, you can buy 10 BTC for the cost of 1 BTC.
Downside of margin trading
If you are planning to trade with leverage, it’s important to emphasize that this kind of trading is very risky. A drop in the underlying asset price may result in significant losses.
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