Many traders are looking for Bitcoin leverage trading to maximize their profits. You must do margin trading or crypto derivative trading to get a leverage.
Many people start to trade crypto with very high leverage too early. They are trading without having the knowledge of what leverage is and what fees are associated with leveraged products.
However, this will no include you since you will learn the basics in this crypto trading guide.
In this article, we will guide you through what crypto leverage is, where you can find the highest leverage and what are the risks associated with leverage trading.
Remember that leverage trading impose higher risk for trading. Always commit time for proper risk management. We created a guide for crypto trading risk management.
Where can I Trade Crypto with the Highest Leverage?
So, there are many trading sites offering crypto with high leverage. However, there are many new and shady business offering such products as CFD Bitcoin trading and Binary options. We recommend to stay with the largest trading sites becasue you will get the best security, the best trading features and the lowest fee.
Here we list the platforms where we have traded with Bitcoin leverage products.
What is Bitcoin Leverage Trading?
Bitcoin leverage trading is the use of borrowed Bitcoin to invest. By borrowing money, investors can trade larger positions in a currency.
For example, if a trader releases an order of $100, taking a leverage of 10x, the value of that specific position would grow towards $1.000.
However, if the price decrease with 10% you have lost you $100 and the position will be liquidated.
What risks are associated with Bitcoin Leverage Trading?
Although many would benefit from this tool, lenders and borrows alike, there are high crypto trading risks associated with bitcoin leverage trading as well.
Cryptocurrencies are a very volatile market, where changes and trends occur in the matter of few hours, if not minutes. Thus, as one can earn 10x more profit so can he/she lose as well. If a trade for $100 occurred under 10x rate with 10% of negative price trend, entire order would be lost.
Beginners should first educate themselves about the market before using this tool. Many a starter lost entire savings by trading with emotions while using large leverage rates.
Also, its important to understand how the fees are charged by the trading site. Since you borrow money when you are trading with leverage you must pay a fee, or a interest, on the borrowed money.
Look on our favorite Youtube crypto channel describing what Bitcoin leverage trading is.
Bitcoin Trading Sites with the Highest Leverage
Binance leverage trading
Binance is the best crypto exchange because they offer the lowest fees and the best trading features. However, there are some other trading platforms that have found their niche. We discuss and present those trading platforms later in this article.
On Binance you can trade with leverage with several different products. Binance has margin trading, derivative trading and leveraged tokens.
In the screenshot below you can see the different derivative products on Binance. You can get up to 125x leverage on Binance.
Binance Referral Code: -20% on all commissions with our link
ByBit Bitcoin Leverage Trading
ByBit is a pure derivatives cryptocurrency trading platform. It means you dont go to Bybit if you are looking for a simple crypto exchange.
If you are looking for a simple crypto exchange you go to Coinbase if you are a US citizen and Binance if you live outside US.
With ByBit you can do leverage trading with up to 100x leverage on BTC/USD and ETH/USD trading pairs. The derivatives exchange offers perpetual contracts that follows the cryptocurrency spot price, not the actual cryptocurrency assets.
Read more about Bybit in our Bybit review.
Morpher leverage trading
Morpher trading platform is where to start if you have very low capital to start trading with.
Morpher is a great option if you want to start learning trading crypto with zero risk.
Sign up with Morpher and get 100 free MPH tokens. With the MPH tokens you can speculate on around 1000 different assets including approximately 100 different cryptocurrencies. You can trade up to 10x leverage on Morpher.
Read more about Morpher trading platform or sign up using the button below.
Conclusion - Where to trade crypto with high leverage?
Through this guide, our readers have the answer to where can I trade crypto with the highest leverage.
It is important to mention once again that high leverages can lead to big profits but also crippling losses. Also, we recommend readers to learn more about the crypto trade by reading our articles regarding lowest deposit and lowest trading fees.