simple example
if 1BTC price $100
you can use $100 buy 20BTC
if you fall in love with a watch, for own it you need to bet your next life to do it if 1BTC price $100
you can use $100 buy 20BTC
Topic: what is x20 leverage? (Read 1512 times)
simple example
if 1BTC price $100
you can use $100 buy 20BTC
You also need to understand the risk in doing this. If the price were to fall by 5% then you would have all of your equity wiped out (and the exchange would probably have forced you to close your position well before this happened). Also you would be subject to manipulation by the exchange as it could cause the price to decline and force you to close your position when this is not what the market price is actually doing if 1BTC price $100
you can use $100 buy 20BTC
simple example
if 1BTC price $100
you can use $100 buy 20BTC
the platform lends you $1900 plus $100 deposit in your account by you, so you can buy up to 20 BTC. That is why it is called leverage.if 1BTC price $100
you can use $100 buy 20BTC
Its also important to understand the more you leverage the higher the risk you take of being liquidated and losing your investment.
If you dont know what 20x leverage means I would strongly suggest you do not use such high ratios until you have a better understanding of the market.
3x allows for decent rewards when correct and still give you some bleeding room.
If you dont know what 20x leverage means I would strongly suggest you do not use such high ratios until you have a better understanding of the market.
3x allows for decent rewards when correct and still give you some bleeding room.
Leverage x20 means that you can trade with 20times more money than you invested, but the risk is 20 times bigger. However, they don't give you 20 times more money, its automatic. You just use their money, and pay comission. Their money stays the same, no matter if your position wins or loses. You keep just profits/losses limited to your investment (open orders).
what is x20 leverage in btcusd? can anyone explain plz?
While the above is true, you cant just deposit 1 BTC, sell, buy 20 BTC and be on your way.
The way it works is that your position is worth 20 fold, thus if the price moves 5% (1/20) you are either broke or have doubled.
simple example
if 1BTC price $100
you can use $100 buy 20BTC
the platform lends you $1900 plus $100 deposit in your account by you, so you can buy up to 20 BTC. That is why it is called leverage. if 1BTC price $100
you can use $100 buy 20BTC
how is that?
simple example
if 1BTC price $100
you can use $100 buy 20BTC
if 1BTC price $100
you can use $100 buy 20BTC
what is x20 leverage in btcusd? can anyone explain plz?
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