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 do not know of anywhere that does leveraged trading without such a cut off, frankly it would be stupid for them to offer such a thing because the scenario you talked about happens very often in crypto and so the exchanges would constantly be losing money without some sort of insurance for themselves.