Leverage trading on Binance, register fast.

in #binance5 years ago (edited)

What is leverage trading

It is pretty simple. Trading with a leverage is an ability to multiply the amount of money you are investing. For example, you have 100$ on your account, and exchange allow you to trade with 5:1 leverage, that means you can buy coins worth 500$, but you have to be careful. If coin you bought go down by 20% then you will be 'liquidated', that means your coins will be sold by the exchange to secure their assets.

Long and Short

These two words will be repeating very often. When you are buying long positions you expect that asset you bought will go up. On the other hand when you are buying short positions you expect that asset will go down.

Register on binance

It happend in past that binance closed registration. Right registration is open. But once they allow margin trading a lot of new users might want to join there so better hurry up and register there before that will happen.
You can easily register there with this link

Sort:  

It doesn't look like Binance started Margin trading yet. Can you please stop lying?

Next time please read everything carefully. I haven't wrote they started. Actually i wrote "....once they allow margin trading..." So it clearly says that is not possible yet.

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

You got a 1.38% upvote from @minnowvotes courtesy of @whd!

You got a 1.37% upvote from @minnowvotes courtesy of @whd!

You got a 85.26% upvote from @spydo courtesy of @whd! We offer 100% Payout and Curation.

Congratulations @whd! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 1000 as payout for your posts. Your next target is to reach a total payout of 2000

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.22
TRX 0.20
JST 0.034
BTC 98504.77
ETH 3362.26
USDT 1.00
SBD 3.06