How to go long in leveraged trading?
BiyaPay
Published on 2024-06-21 Updated on 2024-11-01
In leveraged trading, “go long” positioning refers to buying an asset at a low price and then selling it at a high price. In this way, you can make a profit from the price difference. For example: If you think the price of BTC will rise in the future, you can borrow USDT in your BTC/USDT financial currency trading and buy BTC at a relatively low price in the present. If the price of BTC rises, you can sell BTC and pay off the USDT debt. Compared with ordinary spot trading, you will make more profit. You can go long in the [Trading] page and buy with melted coins.
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