3 Top Tips to Stay Safe While Margin Trading Crypto

The benefits of cryptocurrency margin trading are numerous. By allowing for incredible profitability and the ability to trade on the short side, margin exchanges have become popular with cryptocurrency traders of all experience levels.

However, although margin trading has the potential to generate spectacular profits without requiring much starting-capital, it is also possible to suffer significant losses if traders lack adequate caution when selecting and executing trades.

For example, although a trade can generate up to 100x the profit of a standard spot trade, it also works in reverse — allowing traders to lose money far quicker than would otherwise be possible when trading spot. Because of this, it is particularly important that beginner traders start off slow and carefully when margin trading. Read More...