Is it normal for my leverage to go up automatically on BitMEX?
Mihir AminDec 28, 2021 · 3 years ago3 answers
I've noticed that the leverage on my BitMEX account sometimes increases automatically without my input. Is this a normal occurrence on BitMEX?
3 answers
- Dec 28, 2021 · 3 years agoYes, it is normal for the leverage on your BitMEX account to increase automatically. BitMEX has a feature called 'Auto-Deleveraging' (ADL) which adjusts leverage based on the market conditions and the positions of other traders. This helps to ensure the stability of the platform and prevent liquidations. However, you can manually adjust your leverage settings if you prefer to have more control over it.
- Dec 28, 2021 · 3 years agoAbsolutely! BitMEX's leverage can indeed go up automatically. This is part of their risk management system and is designed to protect traders from sudden market movements. By automatically adjusting leverage, BitMEX aims to prevent forced liquidations and maintain a stable trading environment. If you want to have more control over your leverage, you can always adjust it manually in your account settings.
- Dec 28, 2021 · 3 years agoYes, it is normal for the leverage on BitMEX to increase automatically. This is a feature implemented by BitMEX to manage risk and prevent unnecessary liquidations. By automatically adjusting leverage based on market conditions, BitMEX aims to protect traders from extreme price movements. However, if you prefer to have more control over your leverage, you can always adjust it manually in your account settings. Just remember to monitor your positions closely to avoid unexpected margin calls.
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