Should I use leverage with Ethereum trading?
At current price levels, Ethereum is largely out of reach for many retail traders. As a South African trader of Ethereum CFDs, costs can quickly spiral. Fortunately, leveraged trades of up to 20:1 are possible for certain classifications of traders. Provided you conduct the requisite research, stick to a trading strategy, and carefully manage your investment funds, you can benefit from leverage. The volatility of crypto markets should always be borne in mind when trading derivatives. Since the CFD price is derived from the price of Ethereum, leverage can amplify your gains, but it can also multiply your losses.