Steemit Crypto Academy || Course for @stream4u - Crypto Margin Trading and Crypto Leveraged Token Trading || Entry By @olaspecial

in SteemitCryptoAcademy3 years ago

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I am glad with this awesome homework from professor @stream4u. I really love the lecture. It was well taught and I got to learn new things.

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What Is Crypto Margin Trading?

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Margin trading is the method of trading assets using money provided by a third party. Margin trading is likewise utilized in stock, commodity, and cryptocurrency markets. The acquired assets are normally given by an investment broker. In cryptocurrency trading, money is usually given by other traders, who earn interest depending on the market demand for margin funds. Although rare, some cryptocurrency exchanges also give margin funds to their users.

When compared to the usual trading method, a margin account allows the trader to get to more notable amounts of capital, allowing them to leverage their positions. Importantly, margin trading intensifies trading results so that traders can gain more profits on successful trades. This capacity to expand trading results makes margin trading is particularly well known in low- volatility markets, especially the International Forex market.

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How to plan for trading in crypto margin trading?

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You should be aware that it increases the chances of both profits and losses. Also, you will derive higher profit if the market turns out in your favor, but you will also encounter large losses if the price moves in the opposite direction than your think. You should be aware and informed about the result it can have.

Traders should know that they are required to hold a certain percentage of the asset of your position on the exchange at every particular time.

Professor @stream4u also talks about the rules and strategies of trading.

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Crypto Exchange Name That Provide Margin Trading Service and What Margin They Provide?

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  1. Binance: provides the option to choose assets from different spread of cryptocurrencies, also enable user to pay for margin trading fee with Binance Coin.

  2. KRAKEN: provides from 2× to 5×

  3. BITMEX: provide up to 100×

  4. BITMAX: offer up to 10× depending on the amount of capital users have in their margin account.

  5. POLONIEX: Trading accounts are eligible for 2.5×

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What Is Leverage Tokens Trading?

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Leverage tokens are new assets that can give you leveraged insight into cryptocurrency markets, not considering the nitty-gritty of managing a leverage position.

The idea is that you can get into a leverage position without having concern about the asset, margin, funding rate, or liquidation. Leverage token also allows the same functionality as other tokens. This means that you can purchase, store and also transfer them like any other token while having leveraged exposure to the other asset.

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How To Plan For Trading In Leveraged Tokens?

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  1. Make sure the money you want to invest is not money you are will to loss.
  2. Make sure you a specific plan of entry and exit.
  3. Know the technical aspect of the market.

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Crypto Exchanges Name That Provide Leveranged Tokens Service and What Margin They Provide In Levereged Tokens.

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  1. Binance: offers maximum leverage of 3× on a normal account and 5× on master account of cross-margin trading. Also, there is a leverage of 10× on isolated margin trading.
  2. KRAKEN: provides from 2× to 5× leverage
  3. BITMEX: offer up to 100×>leverage on some of its products.
  4. BITMAX: offer up to 10× leverage on trading, depending on the amount of capital users have in their margin account.
  5. POLONIEX: Trading accounts are eligible for 2.5× leverage

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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.).

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BNB price prediction

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source

Finance coin price is back some of the losses it made in the overnight session. BND is trading $656, which kind of above the overnight low of $625. It market capitalization has flooded to more than $100 billion, turning into the third-largest digital coin in the world.

The uptrend is being supported by the 25day and 15day EMA. It kind of above the value resistance level at $613. From my perspective, the currency will keep flowing as the bull target next key resistance at $750.

Conclusion
The course open our see to essence of margin trading tokes and how to go about the exchange . I am glad to share with us this homework.

Thank you for your visit

Cc:@stream4u @steemcurator01 @steemcurator02

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