How does margin holding work in the context of digital currencies?

1 answers

• Dec 29, 2021 · 3 years ago
  At BYDFi, margin holding works by allowing traders to borrow funds from the exchange to increase their trading power. Traders can use the borrowed funds to open larger positions and potentially generate higher profits. However, it's important to note that margin holding also increases the risk of losses. Traders need to carefully manage their positions and set stop-loss orders to limit potential losses. BYDFi provides a user-friendly interface for margin holding, making it easy for traders to monitor their positions and make informed trading decisions.
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