"Literary leverage meaning is — Mechanism to lift something using less power. In the financial world, it is used to trade or invest in any asset by using lesser money than its actual investment cost."

yeah that is the clear cut definition of leverage and its explanation and it's now easy to digest the concept.

When any trader takes a leverage position in any trade, the following things happen - Increases position size, Margin requirements/Liquidation, Huge profit."

Thrkugh this explanation, dynamics of leeverage is perfectly broken down for easy understandimg in subsequent sections

"Not only in cryptocurrency but in all markets, the use of leverage has increased a lot. There are some reasons why leverage is used in the crypto market."

Yku have talked out the real use case of leverage and broadened its scope through your definition

Appreciable presentation with visible efforts . Good luck