Can I use leverage when trading cryptocurrencies on Plus500?

3 answers

• Rakesh SirviMay 28, 2021 · 4 years ago
  Yes, you can use leverage when trading cryptocurrencies on Plus500. Leverage allows you to amplify your trading position by borrowing funds from the platform. It can increase your potential profits, but it also magnifies your losses. Make sure to understand how leverage works and the risks involved before using it.
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• Mateus LucasFeb 12, 2022 · 4 years ago
  Absolutely! Plus500 offers leverage for cryptocurrency trading. Leverage allows you to control a larger position with a smaller amount of capital. It can be a useful tool for experienced traders looking to maximize their potential returns. However, it's important to remember that leverage also increases the risk of losses.
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• McCabe IversenFeb 09, 2024 · 2 years ago
  Yes, leverage is available for cryptocurrency trading on Plus500. With leverage, you can open larger positions than your account balance would normally allow. This can potentially lead to higher profits, but it's important to be aware of the increased risk. Always use leverage responsibly and consider your risk tolerance before trading.
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