Recent developments within the Tabdeal ecosystem, particularly the ability to use leverage in crypto trading, have provided more reasons for optimism among Iranian Crypto Traders. The exchange strives to introduce trading capabilities and features, potentially unlocking new avenues for cryptocurrency trades.
Tabdeal Cryptocurrency Exchange, one of the leading Iranian cryptocurrency exchanges, is a user-friendly exchange that allows users to trade cryptocurrency using 10X leverage. There are many opportunities in the ever-evolving world of cryptocurrency, and having access to margin trading is a game changer for Iranian traders.
What is leveraged trading?
You might be on a short budget for different reasons; for instance, you might be investing in other markets and left with little capital to invest in cryptos; in this case, you can benefit from leverage trading. In leverage trading, you can deposit a smaller amount of initial funds or capital and get exposed to larger trade positions in the crypto market. The initial fund you must deposit to make a leveraged trade is called margin.
How does leverage work?
When opening an account with Tabdeal, for every trade you place with leverage, you must first provide the margin, and the broker will provide you with increased exposure to an underlying asset. In fact, by using leverage, you are borrowing money from the broker to make bigger positions. Although you only provide a fraction of the total value of your position, your profit will be calculated on the total position size.
With leverage of 10:1, your initial investment is amplified 10 times, and so is your profit or loss.
If your trading account balance has gone below the margin requirement, you will receive a margin call telling you to increase the margin or close the position to avoid further losses.
Note that trading with leverage involves risk, and if you are new to the market, it is better to start learning more by visiting the Tabdeal website.
Leveraged Trading on Tabdeal
Leverage trading involves using borrowed money to trade with more considerable capital than what you already hold in your account. Using leverage, you will borrow money from the Tabdeal Cryptocurrency Exchange to multiply your trading power.
Tabdeal has ensured clients can unlock their trading potential and benefit from their capital without allocating more capital to the cryptocurrency market. Clients can borrow money from the exchange and create more significant positions to multiply their profit.
Let’s say you have one Bitcoin at your disposal; considering the bullish trend of Bitcoin, it is likely for its price to skyrocket. During such trends, it is wise to use 10X leverage, borrow 9 BTC From the exchange, and create bigger positions. When doing so, if the price of Bitcoin goes up 10%, you would make a profit of 10X your margin, which equals 100%.
For instance, a bitcoin is now worth about 62,000$. By borrowing nine bitcoins, you will open a position with 620000$ value. If the price of BTC rises by 10%, your trade value will be 682000$, then you can return the 9 BTC, now worth 613800$, and the remaining 68200 will be yours, which is +100% profit.
Save on Trade Costs and Trade the World with Tabdeal.
Tabdeal is the first cryptocurrency exchange in Iran to introduce leverage trading and provides a smooth and accessible platform for margin trading. The procedure is simple enough to make you love cryptocurrency margin trading. 24/7 multi-lingual customer support is always a click away from you. In the following, we will mention some of the advantages and disadvantages of trading along Tabdeal:
Pros:
- In our view, Tabdeal is the first and best crypto leverage trading platform in Iran that has the potential to conquer the trading world.
- Commissions on Tabdeal are calculated based on the trade volume of each trader and starts from 0.0033%.
For example, when you trade more than 100000 Tethers in a month, your commission would be something between 0.0018 to 0.0022%.
- The commission is surprisingly low, and you can ignore the cost of creating a leverage portion on Tabdeal.
- The Borrowing Interest Rate is 0.004%.
- The liquidation commission is 1%.
- Maximum leverage limits of up to 10X.
- Supports Bitcoin and plenty of other cryptocurrency markets.
- Support more than 43 leveraged markets.
- Live chat support is available 24/7.
- Supports long and short positions
Cons
- Only accept Iranian clients.
Future Prospects
With over 600,000 active clients, 630 trading markets, and the ability to make instant withdrawals, Tabdeal is set to become a cryptocurrency investment hub in Iran. The ongoing development of Tabdeal exemplifies the competitive nature of the exchange and underscores its focus on innovative strategies for broader user engagement.
