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RE: Steemit Crypto Academy Contest / S13W6 - Leverage in cryptocurrencies.
Greetings friend!
You have described very well in a layman examples. And yes , it's a mechanism who can give potential gains in very short time. But don't forget it can give great loss as well in a very short time. Then there is an option of Margin call.
Thanks for sharing this Wonder article with us. Wish you more success my dear.
Thanks for stopping by.
It's my great pleasure.