Crypto Academy Week 12 | Homework Post for @stream4u | Crypto Margin Trading & Crypto Leveragec Tokens Trading


Hello..!!
My Dear Friends,
This is @ariful1998 from 🇧🇩Bangladesh


Hello steemians friends, how are you? Hope all is well with the infinite mercy of Almighty Allah. First of all I would like to thank @stream4u sir for presenting the lecture so beautifully, I have learned a lot of new information after reading your lecture.


Bit3.jpg

Source

Question no 1: What Is Crypto Margin Trading?

Crypto margin trading is a trading where traders can make more profit by investing less. Crypto margin trading is a trading that allows traders to use capital loans from other traders in exchange for other currencies to convert more than a certain amount of assets into a business. If you want to do crypto margin trading on your own, it will never be possible, because in this case you must take the help of a third party in trading. If a trader wants to increase his capital very quickly in a short period of time, he can use crypto margin trading because in this case crypto margin trading is a great opportunity for traders. However, the amount of risk is higher in the case of crypto margin trading.

Crypto margin trading multiplies the amount of capital that a trader is able to invest in a business.If you have a very small amount of capital i.e. let's say, you have a capital of $ 20 and you want to invest this capital through crypto margin trading then you can trade 1x, 3x, 5x this way. Crypto Margin Trading will increase your capital quickly in 1x, 3x, 5x, 7x mode. Now you need to see which of these you prefer. Now if you want to do business with this capital which is 20 $, 3x profit with this capital then 60 $ new capital will be added to your capital, and in total your capital will stand 80 $, you can now trade with this capital.

However, traders should keep in mind that just as capital can be raised quickly in crypto margin trading, there is also a possibility of capital loss in this trading. So in crypto margin trading we should first take technical help and do technical analysis.

Question no 2: How To Plan For Trading In Crypto Margin Trading.

  • If a trader wants to trade crypto margin, he must first analyze the current market well, so that he can know the current state of the market.
  • Since the goal of the trader will be to make a profit, one has to plan and adopt a strategy to reach that goal.
  • Crypto margin trading should start with a small amount of capital first and then gradually increase the amount of that capital.
  • When trading crypto margins, you should always keep an eye on your position. If you make a mistake in crypto margin trading, you will lose a lot of capital. To reduce this amount of damage quickly you should always keep an eye on your position.

Question no 3: Crypto Exchanges Name That Provide Margin Trading Service and What Margin They Provide?

Binance

Binance is the largest cryptocurrency exchange site in the world. Binance provide crypto margin trading up to a maximum of 1-125x.

Bitmax

Bitmax has made crypto margin trading easier. It can provide 100x leverage margin trading.

Bybit

The most popular crypto margin trading exchange platform in the world is bybit. Bybit's fees are low and they offer margin trading up to 1-100x.

Poloniex

Undoubtedly, poloniex is one of the major cryptocurrency exchanges in the world. poloniex offers margin trading up to 2.5x.

Question no 4: What Is Leveraged Tokens Trading?

There are many types of trading companies in the world for trading cryptocurrencies, one of which is leveraged tokens trading. Leveraged trading is easier for leveraged tokens. Leverage Token ERC20 maintains static or changeable leverage. The leveraged token solves the complex problem that often arises when conducting an initial trade. Using leveraged tokens protects traders from losses and also benefits traders in commercial trading. The advantage of using leveraged tokens is that if you see that the market price is falling below the price of your currency then you can buy uptoken and if you see that the market is going down then you can buy downtoken so you can earn money from both.

Question no 5: How To Plan For Trading In Leveraged Tokens?

  • First of all we have to take a good plan in case of Leveraged tokens trading. Because leveraged tokens trading business is risky. So we need to take the advice of experts before starting leveraged tokens trading.

  • Those who are starting a new business for the first time should start a business with a small amount of capital. Because if you don't have previous experience, you have to invest a little capital to start any business for the first time.

  • When trading leveraged tokens you should not invest in multiple markets at once as many markets can become confusing for you and you may face losses.

Question no 6: Crypto Exchanges Name That Provide Leveraged Tokens Service and What Margin They Provide In Leveraged Tokens?

Binance

It provides a maximum 1.25x-4x leveraged token

Coinbase

It provides tokens with leverage up to a maximum of 3x.

Houbi

It provides tokens with leverage up to a maximum of 5x.

Bittrex

Bittrex provides 5x leveraged tokens.

Thanks so much to everyone for reading my post.

Sort:  

Thank you for joining The Steemit Crypto Academy Courses and participated in the Homework Task.

image.png

  • above images look copyright that is used in the homework and it is not allowed to use copyright images

  • need more explanation in every question to explore the answer

thank you very much for taking interest in this class

Remarks : Not Applicable Due To SP below 100 Voting Rules

Screenshot_20210509-112551_Chrome.jpg

yousafharoonkhan Sir I have a total of 122 sp in my wallet, out of which 112 sp is delegated to another community.

Cc:-
@yousafharoonkhan, @stream4u

Coin Marketplace

STEEM 0.23
TRX 0.12
JST 0.029
BTC 66946.15
ETH 3488.47
USDT 1.00
SBD 3.22