What is 20x leverage in crypto?
Could you please explain to me what exactly 20x leverage means in the context of cryptocurrency trading? I'm curious to understand how it works and what the potential risks and rewards associated with it might be. Could you also provide an example to illustrate how leverage trading works in practice? I'm trying to wrap my head around this concept and would appreciate your insights.
Is leverage trading illegal in Canada?
Excuse me, could you clarify something for me? I've been hearing a lot about leverage trading in the cryptocurrency world, and I'm a bit confused about its legality in Canada. Is leverage trading considered illegal in our country? I understand it involves borrowing funds to trade larger positions, but I'm not sure if that falls within the bounds of what's allowed here. Could you please shed some light on this matter for me? It would be greatly appreciated.