Why does okcoin have leverage (okcoin Zhihu)
why okcoin has leverage is the underlying function of okcoin, which has the function of trading and mining; At the same time, leverage can also be used to ensure the safety of users’ funds and assets. Why is there leverage? In order to meet the needs of a large number of users, OKEx has launched a leveraged trading zone. In terms of products, it supports leverage transactions in mainstream currencies such as Bitcoin, Ethereum and other digital currencies. Leveraging can assist investors in portfolio management, lending and wealth management, or directly using other digital assets such as Bitcoin. Currently, many platforms offer this feature. For example, the BTC/USDT perpetual contract market supports 5 currencies According to Zhihu, OKcoin is a decentralized financial (DeFi) platform. It can help users create, trade, and manage their digital assets and other applications. In addition, it also provides a unique set of functions and mechanisms to enable anyone to seamlessly build and access Cryptocurrency on various blockchains. Zhihu invited more than ten well-known people from many countries or regions to join the project. They are: US President Joe Biden, Facebook founder and CEO Jack Dorsey, former JPMorgan Chase executive Jamie Dimon, and wave field founding team member Justin Sun.
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