Trading
Leverage
Borrowing funds to increase the size of your trading position beyond what your own capital allows. For example, 10x leverage means you control $10,000 worth of crypto with just $1,000 of your own money. Leverage amplifies both gains and losses, making it very risky for beginners.
Example
Using 5x leverage, his $1,000 position moved like $5,000, but so did his potential losses.
Practice trading on Staxo
Apply what you have learned. Trade with virtual money on the Staxo crypto simulator, completely risk free.
Start practicing