How To Leverage Trade On Bitcoin Tutorial | Layah's 100x BTC Trade on Phemex [ACCIDENTALLY]

7,068 Views · Posted 4 years ago

Layah is a noob trader and wants to understand and learn better how bitcoin derivatives such as margin and leverage trading work. We are joined with Jack Tao of Phemex Exchange Phemex.com. With $50 in her account, she attempts to learn and understand more about the fundamentals of derivative trading and also attempts a 100x leveraged trade...well accidentally. This is a complete step-by-step bitcoin leverage trading tutorial on how one can use the various tools provided for safely trading on derivatives. She also discusses the upcoming bitcoin halving and how Jack sees the cryptocurrency market movement.

Jack, the CEO of Phemex, is an 11-year veteran executive from Morgan Stanley, where he worked as the MSET BXS global development leader before departing to co-found Phemex. Jack's primary area of expertise is in building high throughput, low latency, large scale algorithm trading platforms both in C++ and Java. He is also an expert on q/KDB+. Jack has been enthusiastic about blockchain technology and cryptocurrencies since 2016.

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