There's been some huge growth lately in the popularity of exchanges which offer leveraged trading, which basically you're given a loan for up to 100X the amount you actually have in your wallet.
Here, you're basically betting if the price of a coin will go up, or down.
Throw in leverage up to 100X - and $5 can control $500 worth of assets!
This is how you turn small trades that otherwise would have had small profits, into some pretty large payouts.
Of course you're asking, what's the catch?
Honestly, there really isn't one. What happens is the more leverage you have, the less you're allowed to be wrong. If you bet Bitcoin is going to go up by $100, and it ends up going down by 100, you could lose everything you put up. The more leverage you have, the smaller that number gets. Too much leverage, and Bitcoin goes down by 50 instead of going up, could cause you a loss for example.
But you can never lose more than what you've deposited! So there's not too much to worry about, as you should never be investing more than you can lose in ANY circimstance.
So this is a good time to take full advantage of Delta's deposit match, if you've been curious about using leverage deposit $25 and let Delta turn it into $50 for your to experiment with.
Yes it's a referral link, but it's required to get the deposit match - visit Delta Exchange here!
Note for my American friends, you won't be able to sign up without using a VPN. The simple way would be to download the Brave Browser, a free VPN one is built in.
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Author: Mark Pippen
London News Desk
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