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TagsWhat are the steps to adjust the leverage on derivative contracts in the world of digital currencies?
MOHANA KRISNANDec 18, 2021 · 3 years ago1 answersCan you explain the process of adjusting leverage on derivative contracts in the digital currency world? I'm interested in understanding the steps involved and how it works.
1 answers
- At BYDFi, adjusting leverage on derivative contracts in the world of digital currencies is a simple process. Just follow these steps: 1. Log in to your BYDFi trading account. 2. Go to the 'Derivatives' section. 3. Find the specific contract you want to adjust leverage for. 4. Look for the 'Leverage' option and click on it. 5. Choose the desired leverage level from the available options. 6. Confirm the changes and wait for them to be applied. Remember to carefully consider your risk tolerance and trading strategy before adjusting leverage on derivative contracts. It's important to understand the potential impact on your positions and overall portfolio.Dec 18, 2021 · 3 years ago
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