rezik
Apr 2020
CryptoSlashy what was your order that behaved unexpectedly? I can have a look into it for you
CryptoSlashy leverage is a bit different from regular trade, think of it as borrowing from exchange in order to open bigger position. For e.g. if you open leverage trade at 2x with $1000 you will actually purchase or sell asset for total value of $2000. In this instance you are borrowing $2k with $1k collateral. If your position goes into a loss near $1k exchange will automatically liquidate your position to protect the money they lend you. So leverage is a good way to increase your risk/reward ratio so to say.
CryptoSlashy hey rezik, welcome on board! This is definitely the right place to learn without risking real money
rezik CryptoSlashy! Thank you very much for the welcome! I fortunately unfortunately don’t have real money so this is a win win lol
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