What is the process of using margin in BitMEX?

1 answers

• ivanilson candidoApr 17, 2024 · a year ago
  When using margin in BitMEX, follow these steps: 1. Create a BitMEX account and complete the verification process. 2. Deposit funds into your account. 3. Choose the cryptocurrency pair you want to trade. 4. Select the desired leverage level. 5. Set your order type and enter the trade amount. 6. Review and confirm your trade. 7. Monitor your position and manage your margin as needed. Remember, margin trading can amplify both profits and losses, so it's crucial to have a solid understanding of the risks involved and to use it wisely.
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