Crypto Margin Trading EXPOSED!

If you are trading crypto with leverage on Bybit, Phemex, Bitmex, FTX, BINANCE futures or any other exchange that offers leverage, STOP right now, it is all RIGGED!!!

The exchanges pay big fees to the (CME) Chicago Mercantile exchange Globex and other financial institutional firms to use "Hitmen" (high frequency trading bots) that are programmed to hunt your stop-loss' and liquidate your positions with-in certain percentages from your entry. In turn, the CME and institutional firms steal your crypto and the exchanges make further billions in fees. *CME charts are also delayed by 10mins unless you pay an additional Tradingview fee to unlock the live version.

There is also the exchange fine print which should be thoroughly studied before executing any margin trade, which most traders will never look into or find out about until it's too late.

A couple of examples: (Bybit)

1.) An order can be executed and closed by the exchange (LTP) "Last traded price", but can be liquidated by the "Mark price" (the price that reflects the real-time spot price, which is referenced from five other major exchanges: Coinbase, Binance, Gemini, Bittrex & Kraken), even if the current candle did not reach your liquidation price. Furthermore, to see the live Mark price, you must set up the .MBTC, BYBIT indicator to it's correct settings of... Inputs: Low or High (depending if you are Long or Short), and Style: Precision: 4 , Override Min Tick: 1/1000. Failing to set this up correctly can get you stopped out or prematurely liquidated (especially for scalpers).

2.) You can get paid a maker rebate fee of -0.025% (of your trade value) by executing a limit trade, ticking the post only check box and closing that trade using the limit function. The catch is, when using the limit button to close a trade, you must priorly set a worse or better price depending if you are Long or Short. *If you instantly close your trade using the limit button, the maker fee will be forfeited and you will be charged a market Taker fee of 0.075%. None of this is ever mentioned to retail traders in order to charge you the maximum in fees possible!

Other major concerns that I have noticed are paid YouTuber partnerships pushing margin trading on new traders that have absolutely no experience for a $10 per customer commission fee. Yes, "The Moon, MMCrypto, Davincij15, Ivan, Bitboy" and more... are all getting hundreds of thousands of dollars paid to them in affiliate commissions from each exchange for trapping innocent people. Bybit has also been seen monitoring and defending comments on The Moon and MMCrypto twitter pages as of recent when they went down from a possible DNS attack.

In summary: There is a reason that 98% of traders have lost more than they have made trading with Margin. The system is designed and stacked so far against the average retail trader, that you will end up losing everything you deposit.

Goodluck to you all, I hope this saves some of you in the future. HODL and win!