Crypto Academy Season 2 Week 4: Crypto Margin Trading & Crypto Leveraged Tokens Trading || Homework Post for @stream4u
My Dear Steem Friends,
This is @kawsar from Bangladesh.
- What Is Crypto Margin Trading?
- How To Plan For Trading In Crypto Margin Trading.
- Crypto Exchanges Name That Provide Margin Trading Service and What Margin They Provide?
- What Is Leveraged Tokens Trading?
- How To Plan For Trading In Leveraged Tokens?
- Crypto Exchanges Name That Provide Leveraged Tokens Service and What Margin They Provide In Leveraged Tokens?
- Price Forcast For Crypto Assets XXXXXX. (This is similar question from last course, take any Crypto Assets Chart graph, as per its current price and its market trend predict its future price for only next week, what will be its future price for next 1 week.You can predict for any direction up or down but explain it properly on what basis you have predicted the price. What will be the possible low level and high level fornext week.).
What Is Crypto Margin Trading?
Crypto margin trading is a way that no one can do on their own. To do this he needs no second party. Through that he can do crypto margin trading. That person is not able to carry his way. He must take the help of a third party to trade or develop him, otherwise he cannot do it.
Simply put, this is an opportunity for those who want to trade much more than those who make small or small investments. For example, if a person invests 50 dollar, he can trade 2x, 3x, 5x, 10x, 25x, 50x through crypto margin trading. So if a person invests 100 dollar here, he will be able to finish trading 5x or 500 dollar with this leverage. If a person trades five dollars through this leverage, if he thinks of a profit of 15 dollars, then he can lose 15 dollars again. So those who will do this in the beginning must be careful. Because the higher the amount of profit, the higher the amount of loss. So it's not just a lot of profit, it's a lot of risk.
How To Plan For Trading In Crypto Margin Trading.
Margin trading is certainly a risky trading method. The more experienced they are in this method, the more likely they are to succeed. But at the initial stage you must take a lot of knowledge about this, if you want to be successful. Because it is very risky which I have said before so you must take some steps or those who are trading in this subject can follow you. You need to do a lot of research on how they trade, what action they take at what time, then you can come to this trading.
In this trading you can start with a small amount in the first place because since you are new to this trading you will start with a small investment and investing a small amount of capital will not give you much tension. With a small amount of investment you can safely train here and then when you have experience here you can increase the investment little by little.
You can do this trading period from 5 to 15 minutes and it should be done accordingly. Our professor gave us this advice. And we must choose or we must choose the high volume exchanges.
You must be mentally prepared when you do this training and you must research the lectures or discussions of those who are experts in this field and you can follow them if you want to come to this trading. Can.
Crypto Exchanges Name That Provide Margin Trading Service and What Margin They Provide?
Many crypto exchanges have crypto margin trading services. Binance and Poloniex are among them. Below are some of the exchanges that Crypto Margin Trading service available.
| Binance | Cross mode 3x, Isolated mode 10x. |
|---|---|
| Poloniex | Up to 100x isolated Margin and Initial Margin. |
| BitMex | cross and isolated modes up to 100x. |
| FTX | 101x |
| Huobi | 5x |
| Kraken | Up to 5x |
What Is Leveraged Tokens Trading?
Leverage token is not a regular token. Leveraged tokens are ERC20 tokens with leveraged exposure. Leverage tokens are one of the easiest ways to trade leverage, through which leverage can be easily traded. Leverage token maintain fixed or variable leverage. In order to balance their leveraged tokens, different exchanges use individual strategies to balance leveraged tokens. The main purpose of leveraged tokens is to eliminate many of the complexities of margin trading, so that these complications no longer exist.
Liveraged tokens greatly increase the chances of commercial gain and have a special feature that helps reduce the risk of loss. Even so, owning one is still beyond the reach of the average person, who may not be proficient in this token. Leverage tokens can either be found as UP/BULL. The trader can buy up if he wants to profit from his trading in the bullish market and he can buy down if he wants to profit in the bearish market.
How To Plan For Trading In Leveraged Tokens?
There is always a high risk involved in trading Leveraged Tokens, so if you want to trade in this market you must have a very good plan and know how to trade with those who are experienced. So you must take knowledge from experienced traders.
In the first case we must trade by a much smaller amount. Because we are new and don't have much experience in this field, it would be better for us if we trade a small amount. Since it is a short-term loss in that case, we can handle it.
When we make a profit after trading, we think we must close our trade. Excessive greed cannot be done because it can do the opposite. Because a small fluctuation can cause us to lose our place of profit
Crypto Exchanges Name That Provide Leveraged Tokens Service and What Margin They Provide In Leveraged Tokens?
| Poloniex | 3x on leverage token |
|---|---|
| Houbi | Up to 5x on leverage token |
| BITMAX | 3x on leverage token |
| Coinbase | 3x on leverage token |
| Bittrex | 3x on leverage token |
Thanks professor @stream4u
Thank you for joining The Steemit Crypto Academy Courses and participated in the Homework Task.
thank you very much for taking participate in this class
Grade : 7