The Borrow and Repay processes on this platform are automated for user convenience. The leverage, or borrowing capacity, is determined by the specifications set forth by the CryptoCurrencyExchange. Typically, the leverage offered falls within the range of 3x, 5x, or 10x.
The Borrow process occurs directly before the commencement of a trade, enabling users to access additional funds for trading purposes. Conversely, the Repay process is executed promptly following the conclusion of a trade, ensuring timely settlement of borrowed funds and associated interest.
By automating these processes, the platform aims to streamline trading activities and provide users with efficient access to leverage while adhering to established guidelines and best practices.
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