What is the non-margin buying power for cryptocurrency trading?

3 answers

• Mar 08, 2022 · 3 years ago
  Non-margin buying power refers to the amount of funds that a trader has available in their account to purchase cryptocurrencies without using leverage. It represents the trader's own capital and does not include borrowed funds. Unlike margin buying power, which allows traders to amplify their trading positions using borrowed money, non-margin buying power limits traders to using only their own funds. This can be seen as a more conservative approach to trading, as it reduces the risk of potential losses due to leverage. However, it also means that traders may have less buying power compared to those using margin trading.
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• Mar 08, 2022 · 3 years ago
  Non-margin buying power is the amount of money you have in your account that you can use to buy cryptocurrencies without borrowing any additional funds. It's like using your own cash to make purchases, without relying on borrowed money. This can be beneficial for traders who prefer a more cautious approach and want to avoid the risks associated with leverage. However, it's important to note that non-margin buying power may limit the size of your trades, as you're restricted to using only your own funds. It's a trade-off between potential gains and risk management.
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• Mar 08, 2022 · 3 years ago
  When it comes to non-margin buying power, BYDFi takes a customer-centric approach. We understand the importance of providing traders with the flexibility to trade using their own funds, without the need for leverage. Non-margin buying power allows traders to have full control over their trades and reduces the risk of potential losses due to excessive leverage. At BYDFi, we prioritize the security and stability of our platform, ensuring that traders can make informed decisions and trade with confidence.
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