Wirex Multiply uses an automated chain of loans. In the case that the crypto price grows, the value of your crypto multiplies and the profit goes directly to your account. In the case of a decline in price, you get your initial deposit back minus the factual loss based on your level that you’ve set your Take Profit and Margin Call at.
Your risk is limited. You cannot lose more funds than you have chosen while creating a Wirex Multiply. You can limit the risk by setting Take Profit and Margin Call levels. The maximum loss amount is visible when you set a Margin Call (Stop Loss) level on the Wirex Multiply page. Maximum loss can be set up to 100% of the initial collateral deposited when you select a default Margin Call level.
Your position will be closed automatically after the price reaches the Margin Call level.
