Introduction
Apart from the products such as contracts for differences, there are also other markets that leverage can be used on. Although they normally work in different ways, there is a possibility to increase losses as well as profits. Here are some other places where leverage can be used on
Forex
This is the most common market in that leverage meaning can be utilized. Forex trade is simply the exchange of one currency for another. When you buy one currency, you have to sell the other one. It is a profitable trade and a trade that exists worldwide. One good thing about forex trading is that many traders choose to trade by using leverage
Cryptocurrency
Cryptocurrency is also another very common market that leverage is now being used. how to buy Ethereum is simply a digital currency. It is a currency that cannot be seen nor touched. This type of trade can just be the same as the forex trade. Leverage is used to allow people to gain exposure to more profitable and more interesting currencies available in the market. Examples of cryptocurrencies that can be used for trade include bitcoins.