0xLeverage is a ground breaking all-in-one defi trading bot, accessible exclusively on telegram. The bots capabilities are unparalleled in the space as users will have the power to leverage their buying power and amplify their potential profits like never before.
Let’s make it plain. Using leverage when trading is borrowing additional capital to magnify gains but also exposes you to a higher chance of immutability losing your investment.
The advantage is it provides traders with an opportunity to earn higher returns using a smaller initial investment. However the higher reward potential carries higher risk as those borrowed funds must be paid back.
Either those borrowed funds are paid back when you sell for profit or when the price drops to a liquidation level which is presented to the investor prior to opening a trade.
The higher the leverage you choose the closer your liquidation price will be to your initial price, leaving little room when the price of the asset drops, especially if that asset has low liquidity.
How our leverage system works on Blockchain
When a user is on the leverage menu on our bot, they select their initial funds and the amount of leverage they want to borrow. For example if the user selects $50 and 3x leverage they are borrowing an additional $100 from the leverage pool to give them 3x the position while only risking 1/3 of their actual funds.
When they open the trade their $50 are transferred to their unique leverage wallet. Simultaneously $100 are sent from our leverage pool. With those combined funds a trade is opened for $150 in the selected token.
Once that trade is open the user must watch their liquidation price closely. They can track their trade but typing /tracklev and close their position at any time.
If the users position falls to liquidation price their position will automatically sell. And those funds are all sent back to the leverage pool.
If the user closes the position in profit the user gets their initial plus gains sent to their wallet, minus the loaned amount and fees which are sent to the leverage pool.
Where is 0x Leverage available for purchase?
You can exchange OXL tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading 0x Leverage is Uniswap V2 (Ethereum), notably the OXL/WETH pair, which saw a trading volume of $ 30,908 in the past day.
What is the highest value 0x Leverage (OXL) has ever reached?
0x Leverage (OXL) reached its peak price at 0.01372 $ on 11 March 2024, approximately 6 months ago ago. Presently, the current price is -78.41% lower than this all-time high.
What is the historical minimum price for 0x Leverage (OXL)?
The minimum price reached for 0x Leverage (OXL) was 0.0005974 $, documented on 12 October 2023, more than a year ago. In comparison, the current price is 395.92%, it above this historical low.
What is the fully diluted valuation of 0x Leverage (OXL)?
The fully diluted valuation (FDV) of 0x Leverage (OXL) stands at $ 2,96 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000 OXL tokens. The realization of this FDV might take several years depending on the emission schedule of OXL tokens.
How to add 0x Leverage (OXL) to MetaMask?
By integrating 0x Leverage (OXL) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import OXL as a token. You can either manually import OXL by copying its contract address (0x03ee5026c07d85ff8ae791370dd0f4c1ae6c97fc) or use MetaMask's Chrome extension to add OXL with a single click through Pirate.Place.
How to add 0x Leverage (OXL) to TrustWallet?
Incorporating 0x Leverage (OXL) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include OXL, you can either manually import it using the contract address (0x03ee5026c07d85ff8ae791370dd0f4c1ae6c97fc) or conveniently add it to Trust Wallet with just one click via Pirate.Place if you've installed Trust Wallet's Chrome extension.
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The information presented on our website and associated platforms is sourced from third parties and is intended for general informational purposes only. We do not guarantee the accuracy or timeliness of this content. None of the information provided should be construed as financial, legal, or other professional advice tailored to your specific needs. Your use of this content is at your own discretion and risk. It's important to independently research, evaluate, and verify the information before relying on it. Trading carries significant risks, so it's advisable to consult with a financial advisor before making any decisions. Our content is not intended to solicit or offer any services.