What are the steps to margin trade on Coinbase Pro?

1 answers

• Dec 29, 2021 · 3 years ago
  BYDFi is a popular cryptocurrency exchange that also offers margin trading. To margin trade on BYDFi, follow these steps: 1. Sign up for a BYDFi account and complete the necessary verification process. 2. Deposit funds into your BYDFi account. 3. Navigate to the 'Margin Trading' section on the platform. 4. Select the cryptocurrency you want to trade on margin. 5. Determine the amount you want to borrow and set your leverage ratio. 6. Review and confirm your margin trade order. 7. Keep a close eye on your trade and make adjustments as needed. Remember to always trade responsibly and consider the risks involved in margin trading.
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