What is Leverage?
Leverage makes futures trading extremely capital-efficient. It amplifies your buying or selling power so you can trade with more capital than what you currently have in your wallet. It allows traders to trade in excess of their capital with capital efficiency. For example, the current price of BTC is 20,000 USDT. In Spot Market, to buy 1 BTC, you need to pay 20,000 USDT; but in Futures Market, by 100x leverage, you only need to pay 200 USDT as margin.
How to set leverage?
Click on Leverage button to drag the slider and choose your Leverage you wish to trade. Also, you can increase and decrease your Leverage by clicking on [+] and [-] button.
How can I see Leverage & Margin brackets?
You can find the trading rules, including your Leverage & Margin brackets and other important information, from the link below:
https://futures.coinlocally.com/en_US/futuresData
Note:
- If you have an open position in the Cross Margin Mode, you can increase/decrease the leverage by using the [Adjust Leverage] button.
- If you have an open position in the Isolated Margin Mode, you can increase and decrease the leverage.
- The higher the effective leverage, the higher the risk of liquidation, as the liquidation price is closer to the mark price.
- Click here to see more information: https://futuresdoc.gitbook.io/help-center/perpetual/untitled/leverage-and-position-limit