What exactly does contract leverage magnify?
Leverage can't change the direction of the market. It only determines how many times the same price movement is magnified against your margin.
On Binance USDⓈ-margined contracts, leverage is set separately for each trading pair, and different pairs can have different leverage settings.
When managing your positions, remember this above all: don't treat high leverage as a way to quickly recover your losses. Increasing leverage after a loss often makes the loss even greater.
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