Guys, this is something you absolutely need to understand: contract leverage!
On Binance USDⓈ-M contracts, leverage is set individually for each trading pair, so you can use different leverage levels for different pairs.
Leverage magnifies your profits and losses, not the accuracy of your judgment: if you get the direction right, your gains are multiplied; if you get it wrong, your losses are multiplied too.
Quick look: $BTC Current price: 75262.21, 24h: -0.71%.
Save this and take your time reading 👇
#BTC
On Binance USDⓈ-M contracts, leverage is set individually for each trading pair, so you can use different leverage levels for different pairs.
Leverage magnifies your profits and losses, not the accuracy of your judgment: if you get the direction right, your gains are multiplied; if you get it wrong, your losses are multiplied too.
Quick look: $BTC Current price: 75262.21, 24h: -0.71%.
Save this and take your time reading 👇
#BTC
