You choose a 10x Multiplier, which means you can open a position worth $10,000.
Assume you believe that the price of Bitcoin (BTC) is about to rise. With only $1,000 in your account, you decide to open a recursive borrowing position using the Wirex Multiply product. You choose a 10x Multiplier, which means you can open a position worth $10,000. If Bitcoin's price increases by 5%, your profit will be $500, a 50% return on your initial $1,000 payment. Remember, if the market moves against you, your losses would be magnified in the same way.