With the same market direction, using 20x leverage versus 2x can lead to vastly different outcomes.
Leverage is calculated as the position's notional value ÷ the margin invested: putting up 1,000 USDT in margin at 10x leverage gives you a 10,000 USDT position.
If you're new to futures, lower leverage and smaller positions are more likely to keep you in the game than chasing high leverage.
Back to the market: $BTC is trading at 83,801.56, up 0.91% over 24 hours.
If there's anything I didn't cover, let's chat in the comments.
#BTC
Leverage is calculated as the position's notional value ÷ the margin invested: putting up 1,000 USDT in margin at 10x leverage gives you a 10,000 USDT position.
If you're new to futures, lower leverage and smaller positions are more likely to keep you in the game than chasing high leverage.
Back to the market: $BTC is trading at 83,801.56, up 0.91% over 24 hours.
If there's anything I didn't cover, let's chat in the comments.
#BTC