3 ms·
I'm clueless on this subject, so bear with me. Do you have an opinion on Binance offering 125/1 leverage? If you were to look at where the profits come from for
by gexla 5y ago
I'm clueless on this subject, so bear with me. Do you have an opinion on Binance offering 125/1 leverage? If you were to look at where the profits come from for these companies, might we make a case that these companies are building tools for gambling? I would love to hear more though. Maybe you write elsewhere or could point us to some entry level material?
- Hedgemaster 5y agotbh I am more into options trading than crypto.. I know that Binance is facing an increased scrutiny worldwide, in some countries (like the UK) it's outright banned.. The key thing to keep in mind regarding Binance is that there is a HUGE counterparty risk, so if Binance goes bust all your positions won't be recovered.. This lack of safety is a major concern for both investors and regulators. Plus Binance was completely non-transparent where their capital buffer would come from..