I was looking for some ways to increase my profits and eventually decided on margin trading. I am aware of the risks, but the potential gain impresses. What should I consider before going in for margin trading and which exchange offers more favorable conditions for that?
Margin trading is extremely profitable but the risk is similar, I think you should be aware of leverage and capital management. I have just witnessed two new members of my group liquidate their accounts in just one week, because they use leverage up to 50x and use all assets to trade. Their common point is that they are overconfident and involved with the winner's mind.
About the trading platforms, I think you can choose Okex they have margin trading with USDT, very suitable for downtrend. Or you can choose future or perpetual swap with higher leverage.