XUC (Exchange Union)
1x (No Leverage) in cryptocurrency refers to trading at the spot price with no borrowed funds. This means that if you have one Bitcoin, you are trading one Bitcoin for another asset or currency without using any leverage. Essentially, it is a straightforward trade where you are not magnifying your gains or losses with borrowed money.
By trading at 1x leverage, you are limiting your risk to the amount of cryptocurrency you currently own. This can be considered a safer approach compared to trading with leverage, as you are not exposed to the potential for significant losses beyond your initial investment.
Trading at 1x leverage is often recommended for beginners or those who prefer a more conservative trading strategy. It allows you to participate in the cryptocurrency market without taking on excessive risk. Additionally, it can also help you better understand market movements and build a solid foundation for more advanced trading strategies in the future.
