Crypto Margin Trading Explained

[cryptowisser]

Hi guys!

It's been a while since we've posted something here, sorry about that. We've been busy building Cryptowisser 3.0 which we will hopefully launch before the end of this year.

In the meantime though, we have written a comprehensive article on Crypto Margin Trading that we think might be useful to those of you interested in that subject.

We would be delighted if you would like to take a look at it and let us know what we can improve with the article, if there's any info you're missing, or whatever you might think about it.

The article is available here: https://www.cryptowisser.com/crypto-margin-trading/

Thanks guys!

All the best,
Cryptowisser

Thank you very much for sharing this article. The margin market is interesting and I really want to get involved there but I still have a lot of questions about profitability issues.
This is a very useful article and hopefully in the future you can introduce us about future contracts. thanks

Thank you befriendmywater for your kind words! We're happy to be of service and we will type down future contracts in our "things to write about"-list for sure.

All the best,
Cryptowisser

[davinchi]

Will you able to explain few things about crypto margin trading here? Like answering doubts regarding margin trading. I want to know what are crypto margin trading exchanges that does not need KYC. Do I need fiat or tether deposit for getting start with margin trading I ask this because I doubt that I need to deposit BTC to buy BTC in contracts. Do that work that way?

Honestly, I am always against margin trading due to its high risk levels still I guess guides from professionals may help to eliminate those risks. Let me see up to what level you could "explain" margin trading here.

[cryptowisser]

Will you able to explain few things about crypto margin trading here? Like answering doubts regarding margin trading. I want to know what are crypto margin trading exchanges that does not need KYC. Do I need fiat or tether deposit for getting start with margin trading I ask this because I doubt that I need to deposit BTC to buy BTC in contracts. Do that work that way?

Honestly, I am always against margin trading due to its high risk levels still I guess guides from professionals may help to eliminate those risks. Let me see up to what level you could "explain" margin trading here.

Hi davinchi,

Thanks for reaching out! Unfortunately, we don't collect data on the required level of KYC-documentation on our site. To our understanding though, BaseFEX, ByBit, Primebit and BitMEX (the latter not being our favourite) do not require you to complete a KYC-process. And actually, none of these exchanges accept fiat currency deposits.

There might be exceptions, but as a general rule you do need some holding of the crypto you want to go short or go long on, in order to open the short or long position on that crypto. Hope this clarifies!

All the best,
Cryptowisser

[Spinq]

Honestly, I am always against margin trading due to its high risk levels still I guess guides from professionals may help to eliminate those risks. Let me see up to what level you could "explain" margin trading here.

To stay safe, I assume there are no professionals on the internet. They’ll have to prove themselves. Secondly, there’ll always be risks. Not minding how much ROI an investment stands to make, there’re always risks whose consequences can be made limited by experience and insurance (stop loss).