common-close-0
BYDFi
Trade wherever you are!

How does non margin buying power affect my cryptocurrency trading?

avatarAashutosh PandeyDec 17, 2021 · 3 years ago1 answers

Can you explain how non margin buying power affects my cryptocurrency trading? I'm not sure how it works and how it can impact my trades.

How does non margin buying power affect my cryptocurrency trading?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    Non margin buying power is a term used in cryptocurrency trading to describe the amount of funds you have available to make trades without using leverage. It is the amount of money you can use to buy cryptocurrencies without borrowing funds from the exchange. Non margin buying power can affect your trading by limiting the size of your trades. If you have a low non margin buying power, you may not be able to enter larger trades or take advantage of certain trading opportunities. On the other hand, if you have a high non margin buying power, you have more flexibility and can potentially make larger trades. It's important to keep track of your non margin buying power and manage it effectively to optimize your trading strategy.