Are you a beginner? Want to understand the world of cryptocurrencies? Here is this information
What is leverage in trading?
Leverage means you are trading with more money than your actual capital by borrowing from the platform.
It can increase your profits, but it also increases your losses by the same percentage.
Example:
If you have $10 and used 10x leverage, you are trading as if you have $100.
If the price rises by 10%, you double your money, but if it falls by 10%, you lose everything.
In summary: Leverage is powerful but risky โ do not use it as a beginner until you gain experience.
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