Today's key takeaway: maintenance margin and leverage tiers
Binance's USDⓈ-M contracts are divided into tiers based on position notional value: the higher the notional value, the lower the maximum leverage available and the higher the maintenance margin rate.
Limiting the maximum loss on any single trade to a small percentage of your total capital matters more than trying to guess the perfect entry point.
Price update at the end: $BTC is currently at 82148.8, down 0.58% over 24 hours.
#BTC
I'm just sharing my opinion; this is not investment advice.
Binance's USDⓈ-M contracts are divided into tiers based on position notional value: the higher the notional value, the lower the maximum leverage available and the higher the maintenance margin rate.
Limiting the maximum loss on any single trade to a small percentage of your total capital matters more than trying to guess the perfect entry point.
Price update at the end: $BTC is currently at 82148.8, down 0.58% over 24 hours.
#BTC
I'm just sharing my opinion; this is not investment advice.