Adjusting Leverage
Last updated
Last updated
Leverage is a tool in trading that allows you to control a larger position with a smaller amount of capital, amplifying potential profits (or losses) from market movements. It involves borrowing funds from the trading platform, with your initial capital serving as collateral.
Bitfunded offers users flexibility in adjusting leverage. In Bitfunded, it is possible to use leverage ranging from 1 to 5 times across all listed trading pairs. Using leverage, you can multiply your margin to increase your total order amount.
Calculated as,
Total Position Size = Margin x Leverage
To adjust your leverage size, please proceed to the "Trade" screen. On the right side of the screen, you will see a button labeled "Leverage5X" This button represents your current leverage size. To change your leverage size, please click on the corresponding button.
After clicking the relevant button, the leverage size selection screen will open. On this screen, you can see leverage sizes from 1x to 5x. Select the leverage size you want to use and confirm the changes by clicking the "Confirm" button.