I'm not so sure you would even want to trade something as volatile as cryptocurrency with a leverage of 10x or even 20x.
Bitfinex currently offers me leverage of 3.3x, which I find sufficient, especially for lower-value currencies like Litecoin.
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For Litecoin yeah, since Litecoin has not that much use-case yet. In my eyes Bitcoin is till volatile yes, you are right with that. But after a correction like that its more likely to go up again then down.