How does 1000x leverage work in the crypto market?

1 answers

• Dec 17, 2021 · 3 years ago
  At BYDFi, we offer 1000x leverage for our users. It's important to understand that while leverage can increase potential profits, it also amplifies the risk. Traders should carefully consider their risk tolerance and only use leverage that they are comfortable with. It's also recommended to use stop-loss orders to limit potential losses. Our platform provides various risk management tools to help users make informed trading decisions.
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