Leverage
Published in
May 3, 2022
Greetings YBT friends.
What is leverage in crypto trading?
Leverage refers to using borrowed capital to trade cryptocurrencies or other financial assets. It amplifies your buying or selling power so you can trade with more capital than what you currently have in your wallet.
The amount of leverage is described as a ratio, such as 1:5 (5x), 1:10 (10x), or 1:20 (20x). It shows how many times your initial capital is multiplied.
Mybotgarage allows users to set the maximum possible leverage on each pair.
Trade responsibly!
