What is 2x, 3x, 5x, 10x in Binance - Margin Trading Concept - 10% beneficiary to @tron-fan-club.

Hello my dear Friends of Tron Fan Club.

How are you my all friends of this great and wonderful community? I hope my all friends will be good and happy, by the grace of God I am also happy and well. In this crypto content, we try to know the 2x, 5x, and 10x that we found in the front of our coins. So we will try to learn of its benefits and aims. So lets start with Binance Application.

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First of all, i open the Binance application and go to the market section. You can see 3x, 5x and 10x at the front of some coins.

So there, it indicate that if we want to do margin trading then they have the facility to provide the 2x, 3x, 5x and 10x leverage. They are only providing this facility to those in front of whom it is written.

For example, if we trade in the BTC or ETh then they have the 10x leverage. In the screenshot you can see that BTC and ETh is providing the 10x leverage because we can see 10x at the front of these coins. But if we see the LUNA coin then it is providing the facility of 5X leverage.

Now we went to margin trading for understanding the concept of margin trading. We went to trading section and section the margin trade from the top bar. You can see in the below screenshot. Select the isolated option from the selection bar. You can see that is providing the 10x in the BTC/BUSD pair.

But if we trade in the spot level. It will nit impact on our trade. It is just for margin trading. On the spot level, we have no chance to liquidate our account. In spot wallet, we just trade the crypto currency, hold it and sending/receiving process. Leverage concept has nothing to do with it. So we are safe in spot trading. I hope you guys understand this simple concept.

Thank You Guys For giving your precious time on my Post.