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RE: Steemit Crypto Academy | Course By @stream4u - Crypto Margin Trading & Crypto Leveraged Tokens Trading.
Hey @stream4u , I learnt a lot from this lecture , but I got confused between the difference of margin and leveraged trading , they both seem alike to me .
Can you please tell the difference between margin and leveraged trading , I will be grateful of you .
Thank you .
Yes, the meaning for both looks the same, but If you have gone through the Task so the difference is that leveraged Tokens can be bought on either the Bull side or Bear side, but we have to predict the future trend very sharp, and these can not withdraw in the wallet. Margin is another service that crypto exchange provides wherein you can buy the assets with 3x, 5x. Like If I have $10 and wanted to buy BNB, so by selecting Margin 3x I will get BNB worth $30 even I have only $10, but profit and loss will fluctuate based on $30.
Hope these small details will help you.
Ok , thank you @stream4u , I get it , I will be doing your homework very soon .