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Title: Can someone please explain leveraged transactions? Post by: Omni on March 17, 2012, 10:01:28 PM Hi,
I would like to learn more about how leverage works on Bitcoinica. For example, what collateral do they require before you can leverage your bet? Thanks Title: Re: Can someone please explain leveraged transactions? Post by: Otomakan Ishotas on March 18, 2012, 08:49:29 AM I would like to learn more about how leverage works on Bitcoinica. Great! It works this way. If you even need to ask, you will lose all your money. Just a matter of time. Title: Re: Can someone please explain leveraged transactions? Post by: kokjo on March 18, 2012, 08:58:36 AM Hi, you put in some btc(or usd), and you get some more only to trade with. if you make a wrong bet, you can lose all your money, instead of only some of it... I would like to learn more about how leverage works on Bitcoinica. For example, what collateral do they require before you can leverage your bet? Thanks you can not withdraw the borrowed or leveraged money, and if you go under a certain point, your position will get liqidated. higher risk, higher reward. |