What does 25x leverage mean?
Excuse me, could you please clarify what exactly does the term "25x leverage" mean in the context of cryptocurrency trading or finance? I understand that leverage is a way to amplify one's potential gains, but I'm not quite sure how the number 25 fits into the equation. Is it referring to a ratio or a multiplier, and how does it impact the trader's risk and reward potential? Could you elaborate on the concept and provide an example, perhaps? Thank you.