$BTC | On the desk we often got asked why a client's AUD/USD trade got 30:1 leverage while their Bitcoin CFD was capped at 2:1. Same contract type, very different number. ASIC's Product Intervention Order from April 2021 is the source: majors sit at 30:1, gold at 20:1, crypto at 2:1, graded by volatility, not product label. A 2:1 crypto CFD position can still swing 10 to 20 percent of your margin on an ordinary day. My read is the cap controls margin risk but does nothing for the overnight financing charge, the real cost on a long hold and the part most new traders miss. SatoshiMacro's crypto CFD guide breaks down the 2:1 math against the 30:1 forex benchmark.
https://satoshimacro.com/guides/forex/crypto-cfd-trading-australia/?utm_source=binance_square&utm_medium=social&utm_campaign=autopilot_short-2
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https://satoshimacro.com/guides/forex/crypto-cfd-trading-australia/?utm_source=binance_square&utm_medium=social&utm_campaign=autopilot_short-2
#SatoshiMacro #CryptoCFD #ASIC #Bitcoin