Bianca
Fri Jun 07 2024
|
6 answers
1167
Is 1 200 leverage safe?
Could you please elaborate on whether utilizing a leverage ratio of 1:200 is considered safe in the realm of financial trading, especially when dealing with volatile assets like cryptocurrencies? Given the high risks associated with leveraged trading, I'm curious to understand the potential benefits and drawbacks of such a high leverage. What safety measures or strategies should traders consider when operating with such leverage? Also, are there any regulatory guidelines or recommendations that traders should adhere to in order to mitigate potential risks? Thank you for your insights.
