Cryptocurrency Q&A What does cross 10x mean in crypto?

What does cross 10x mean in crypto?

CryptoSavant CryptoSavant Mon Mar 10 2025 | 6 answers 1043
I'm trying to understand a term I came across in the cryptocurrency world. What does 'cross 10x' mean in the context of crypto? Is it related to the value of a coin increasing by 10 times? What does cross 10x mean in crypto?

6 answers

Valentino Valentino Tue Mar 11 2025
Trading with leverage allows traders to operate with more funds than they initially possess.

Was this helpful?

184
82
Ilaria Ilaria Tue Mar 11 2025
Losses can surpass the initial investment due to the leverage effect.

Was this helpful?

51
24
GyeongjuGlory GyeongjuGlory Tue Mar 11 2025
A trader utilizing 10x leverage has the ability to trade with ten times the amount of money they have in their account.

Was this helpful?

359
97
Arianna Arianna Tue Mar 11 2025
BTCC is a prominent cryptocurrency exchange that offers a range of services.

Was this helpful?

194
42
DondaejiDelightfulCharm DondaejiDelightfulCharm Tue Mar 11 2025
This can lead to significant gains if the market moves in the trader's favor.

Was this helpful?

211
42
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts