What does 1'' margin refer to in the cryptocurrency market?

3 answers

• Dec 17, 2021 · 3 years ago
  1'' margin in the cryptocurrency market refers to a leverage ratio of 1:100. It means that traders can borrow 100 times the amount of their initial investment to trade cryptocurrencies. This allows traders to amplify their potential profits, but it also increases the risk of losses. Margin trading requires careful risk management and understanding of the market dynamics.
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• Dec 17, 2021 · 3 years ago
  1'' margin in the cryptocurrency market is a way for traders to increase their buying power and potentially make larger profits. It allows traders to control a larger position with a smaller amount of capital. However, it's important to note that margin trading also comes with higher risks. Traders need to be aware of the potential for significant losses and should only engage in margin trading if they have a solid understanding of the market and risk management strategies.
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• Dec 17, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers 1'' margin trading to its users. With 1'' margin, traders can access higher leverage and potentially increase their profits. However, it's important to note that margin trading is a high-risk activity and should only be undertaken by experienced traders who understand the risks involved. Traders should always use proper risk management techniques and be prepared for potential losses.
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