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What does leverage on Huobi mean?

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What does leverage on Huobi mean? According to official news from Huobi, levera

What does leverage on Huobi mean?

What does leverage on Huobi mean? According to official news from Huobi, leverage on Huobi refers to the way users can obtain a high-risk financial exposure through trading on the exchange. Specifically, in the “Trading Zone,” as long as the opening amount is less than or equal to 1 million RMB (excluding locked assets), leverage operations can be carried out.

The meaning of leverage is a model that utilizes borrowing tools to earn interest. It enables users to obtain profits from multiple platforms at a relatively low cost and maximize leverage. So what does leverage mean on Huobi? Simply put:

When a person holds a certain type of product, they can use a strategy that automatically executes price changes through a contract between one or two platforms, thereby increasing the profitability. At the same time, if someone has the same number of users, they can adjust the price of the product based on the leverage ratio provided and the actual income situation to make profits, and vice versa.

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