How does leverage work in perpetual futures trading on Binance US?

3 answers

• Nov 24, 2021 · 3 years ago
  Leverage in perpetual futures trading on Binance US allows traders to borrow funds to increase their trading position. It magnifies potential profits and losses. For example, if you use 10x leverage, a 1% price movement will result in a 10% gain or loss. However, it's important to note that leverage also increases the risk of liquidation if the market moves against your position. It's crucial to have a solid risk management strategy in place when using leverage.
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• Nov 24, 2021 · 3 years ago
  In perpetual futures trading on Binance US, leverage is a tool that allows traders to amplify their trading positions. It works by borrowing funds from the exchange to increase the size of the trade. This means that even with a small amount of capital, traders can control larger positions. However, it's important to understand that leverage also increases the potential for losses. Traders should carefully consider their risk tolerance and only use leverage if they fully understand the risks involved.
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• Nov 24, 2021 · 3 years ago
  Leverage in perpetual futures trading on Binance US is a powerful tool that can amplify your trading profits or losses. With leverage, you can control a larger position with a smaller amount of capital. However, it's important to use leverage responsibly and understand the risks involved. BYDFi, a leading digital asset exchange, offers leverage options for traders on their platform. Traders should carefully consider their risk tolerance and use leverage wisely to maximize their potential gains while managing their risk exposure.
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