Can I use leverage when trading ethereum perpetual futures?

3 answers

• Saif SaifMay 16, 2024 · a year ago
  Yes, you can use leverage when trading ethereum perpetual futures. Leverage allows you to amplify your trading position by borrowing funds from the exchange. It can increase your potential profits, but also magnify your losses. Make sure to understand the risks involved and use leverage responsibly.
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• mdkMar 19, 2021 · 4 years ago
  Absolutely! Leverage is a common feature in trading ethereum perpetual futures. It enables traders to control larger positions with a smaller amount of capital. However, it's important to note that leverage also increases the potential risk. So, it's crucial to have a solid risk management strategy in place before using leverage.
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• lukman chowdhuryJun 26, 2021 · 4 years ago
  Yes, leverage can be used when trading ethereum perpetual futures. With leverage, you can open larger positions than your account balance would normally allow. However, it's important to choose a reputable exchange that offers leverage trading, such as BYDFi. BYDFi provides a user-friendly platform with competitive leverage options for trading ethereum perpetual futures.
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