Can anyone recommend a good exchange to buy leveraged bitcoin? I do not mean margin trading. I do not want want to borrow money to buy more bitcoin and have to pay interest and worry about a cut off price (eg. BTC drops to less then 50% of your trade its auto-sold). I want leverage. Like a 3X ETF, it can goto to $1 and I'll still hold my position and pay no interest. Broke, yes, obviously.
Any recommendations?
I only know margin trading exchanges, but I actually had the idea that the auto-sold was the same. Won't exchanges liquidate all your assets if the trade goes wrong, with a big fall in price, like the one of 50% you mentioned? I never tried margin trading, or leverage, because I was always afraid of that, specially in cryptomarkets, where big volatility is just way to common.