How can you trade with 100x leverage? Well, it’s possible. There’s this website called Margex that allows you to do this. Sign up is as easy as possible, and I will lead you through it:

Go to Margex.com and click on the “Start Trading”

Enter your preferred credentials once on the sign up page

Then, once on finished with the sign-up process you can start trading after depositing Bitcoin into your account.

After that, when you receive the Bitcoin from your deposit which is visible n the “Wallet” tab, you go to the “Trade” tab on Margex and there click on Bitcoin when you see the cryptocurrencies listed underneath the trade pairs.

If you don’t do this, you won’t be able to trade because you aren’t using the trading pair linked with your deposit.

After that, in the trade book, there will be a section that shows the leverage of your order. You must set that number to 100x.

This means that if you invested $100 into Margex on your deposit, now you can go long on $10,000 worth of Bitcoin, or you could go short on $10,000 worth Bitcoin as well. Amazing, right? Well, yes it is, until you hear the next part. Just because you are trading with 100x leverage doesn’t mean that you will only lose money when Bitcoin reaches zero. No, my friend, if you spend $50 of your deposited money on a trade which is going long on Bitcoin, and after 30 minutes, Bitcoin falls 1%, you would lose all $50. Risky, huh? Well, it makes sense, to be honest.

It works the same way in the stock market with margin trading. So before you leap into a trade on this platform, I would think, use many indicators, and try to use only 5% of my account per trade. This means that if you deposited $100 into Margex(which is all that I would recommend, especially for a beginner), you would only conduct a trade with only $5. This ensures that a winning trade will make money, while, if you have a losing trade, you will not lose a huge chunk of your account.

Please remember that this isn’t financial advice and shouldn’t be taken as financial advice either. You must consult with you financial advisor or do your dude diligence before jumping into such a risky investment.

I hope that after reading this article, you now have another website you can turn to when you want to trade day-trade cryptos but don’t have as much money as whales do.

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Thanks,

Jack Marque