Currently, the only leveraged trading available on WOO X is spot margin. Spot margin trading on WOO X allows to enable up to 5x borrowing power. Unlike in derivatives (futures and perpetual swaps) trading where users are buying/selling contracts speculating on the future price of an underlying asset, leveraged trading on WOO X allows users to borrow funds for spot trading. When margin trading is enabled, you can increase your buying power up to 5x. Your ‘buying power’ is the sum of your collateral and shows your maximum possible position size based on the leverage you choose.