Recently more and more people decided to trade leverage trading. If you are curious about what it is and where to trade it, then keep reading!
What is leverage trading?
Leverage trading, also known as margin trading, is a system; which allows the trader to open positions much larger than his own capital. So, the trader needs only to invest a certain percentage of the position, which is affected by many factors and changes between instruments, brokers and platforms. Leverage trading is popular among traders and brokers, and is a common trading system nowadays. “Leverage” usually refers to the ratio between the position value and the investment needed, and “Margin” is the percentage of the position needed.
Where to trade leverage?
Who is Phemex?
Phemex founders felt like something in the cryptocurrency industry was missing. As both traders and professional investors, we realized that professionalism, trust, and customer’s orientated crypto companies were missing from the crypto world. That is why every day we work with the goal of creating a trustworthy company that can give back to its users and society. We work together every day to create a platform that allows users to transact with efficiency, simplicity and more importantly, trust.
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Click here to read about Margin Trading Crypto Explained