Re: Margin trading. Where to start?

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?

I only know that poloniex have margin trading. From what I heard it has a higher risk compared to your ol' trading. I know some people who benifit and actually are getting a lot of profit in it. The only thing I can say is, be prepare for the possible loss and only risk the money which you can afford to loose.

There are actually lots of them offering margin trading if not to mention Poloniex. Among them are also CEX, Kraken, Bitfinex Thats why I am a bit confused.

Start with Poloniex for first time. Cool graphs, low rate for loans.

I agree with you that if you start with Poloniex for the first time then it should be avoided because it is riskier if you do not need sufficient knowledge in margin trading especially for newcomers. The best exchange trading site for margin trading is Binance.