Can you change the leverage on BitMEX when you are in a position?

3 answers

• Đại Lương TrươngOct 15, 2022 · 3 years ago
  Yes, you can change the leverage on BitMEX even when you have an open position. BitMEX allows you to adjust your leverage without closing your position. This flexibility is beneficial as it allows you to adapt your trading strategy according to market conditions. To change the leverage, you need to go to the 'Positions' tab on the BitMEX trading platform, locate the position you want to modify, and click on the 'Edit' button. From there, you can adjust the leverage to your desired level. Keep in mind that changing the leverage will affect your margin requirements and potential liquidation price.
  602

  301
• Made of milkNov 05, 2023 · 2 years ago
  Absolutely! BitMEX offers the option to change your leverage while you are in a position. This feature allows traders to manage their risk and exposure effectively. To adjust the leverage, you need to navigate to the 'Positions' section on the BitMEX platform, find the specific position you want to modify, and click on the 'Edit' button. From there, you can select your desired leverage and save the changes. It's important to note that modifying the leverage will impact your margin requirements and potential liquidation price, so make sure to consider these factors before making any adjustments.
  601

  201
• Dorra MuhammadOct 20, 2024 · 10 months ago
  Yes, you can change the leverage on BitMEX while holding a position. BitMEX provides traders with the flexibility to adjust their leverage without the need to close their positions. To modify the leverage, simply go to the 'Positions' tab on the BitMEX platform, locate the position you want to change, and click on the 'Edit' button. From there, you can adjust the leverage according to your trading strategy and risk tolerance. It's important to note that altering the leverage will affect your margin requirements and potential liquidation price, so it's crucial to consider these factors before making any modifications. Happy trading!
  639

  160