
How Leverage and Margin Trading Work on Crypto Exchanges
Leverage lets a trader control a position many times larger than the collateral posted; margin is the collateral itself, and the exchange takes it when the…
Trading concentrates on execution: where liquidity actually sits, how spreads and funding costs eat returns, what leverage does to a margin balance, and how experienced desks size and exit positions. Written for active traders who understand direction already and now want the mechanics deciding whether a good call earns anything.
Execution coverage for active crypto traders: choosing venues, reading spreads and funding, managing leverage, and sizing a position to survive a drawdown.

Leverage lets a trader control a position many times larger than the collateral posted; margin is the collateral itself, and the exchange takes it when the…

Exchanges charge differently depending on whether an order adds liquidity to the book or removes it — a distinction that quietly shapes every active strategy.