Leverage

⚙️: A powerful tool but fraught with risks!

Leverage, available on platforms like Binance, allows you to trade with an amount greater than your capital 💰. For example, $100 with a \times10 leverage becomes $1000 in the trade 🚀.

How does it work? Profit and loss are multiplied by the same ratio. If the price increases by 1%, you gain 10%, and if it decreases by 1%, you lose 10%. The margin is your actual capital at risk.

Its risk: leverage increases both profits and losses ⚠️. You could lose your entire capital quickly.

Important tips: start with small leverages, use stop loss ⛔, trade with amounts you can afford to lose, and try it on a demo account 🧪. Leverage is a double-edged sword ⚔️, use it wisely and carefully! $BNB