The funds you invest in initiating a margin trade with a cryptocurrency exchange are stored as collateral by the exchange. The limits of the exchange you trade on, and your initial margin determine how much leverage you can use. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance. For example, in Canada, the CSA banned using leverage when trading cryptocurrency after an incident with the FTX crypto exchange. Regulator officials explained their decision by saying that trading in virtual currencies should ensure the safety
