(high) Margin trading isn't just gambling, it's borrowing to gamble, which is a crazy idea.
Gambling debt wasn't even enforcable in this country until recently because lending people money to gamble with is fundamentally wrong.
Gambling debt wasn't even enforcable in this country until recently because lending people money to gamble with is fundamentally wrong.
Everything is seamless for the user, they don't even need know how leverage works, it's no different from trading on any other exchange.
That said, it is a little different, because without margin you can ride out any position, but with margin you get margin called (liq'd) at increasingly smaller deviations.
Or in another view of it, it does the equivalent of turning low-return 1:1 odds into high return 100:1 odds which further attract problem gamblers.
Watch the rekt bot for a while and tell me that there aren't a lot of problem gamblers on mex.