Let's talk about contract leverage:
Leverage equals the position's notional value ÷ the margin invested. With 1,000 USDT in margin, opening a 10x position gives you a position worth 10,000 USDT.
For the same notional value, the profit or loss amount is the same: if the price moves 1% against you, a 10,000 USDT position will lose about 100 USDT, regardless of the leverage used.
$BTC 83650.01 (+0.86%)
#BTC
Leverage equals the position's notional value ÷ the margin invested. With 1,000 USDT in margin, opening a 10x position gives you a position worth 10,000 USDT.
For the same notional value, the profit or loss amount is the same: if the price moves 1% against you, a 10,000 USDT position will lose about 100 USDT, regardless of the leverage used.
$BTC 83650.01 (+0.86%)
#BTC