Is it possible to modify the leverage on BitMEX while having an open position?

5 answers

• Mar 20, 2022 · 3 years ago
  Yes, it is possible to modify the leverage on BitMEX while having an open position. You can adjust the leverage by going to the 'Positions' tab on the BitMEX trading platform and selecting the position you want to modify. From there, you can change the leverage by adjusting the slider or entering a specific leverage value. It's important to note that changing the leverage will not close your position, but it may affect your margin requirements and liquidation price.
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• Mar 20, 2022 · 3 years ago
  Absolutely! You can modify the leverage on BitMEX without closing your open position. Just head over to the 'Positions' section on the BitMEX platform and find the position you want to adjust. There, you'll have the option to change the leverage settings. Remember to be cautious when modifying leverage, as it can impact your risk exposure and margin requirements.
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• Mar 20, 2022 · 3 years ago
  Yes, you can modify the leverage on BitMEX while having an open position. Simply navigate to the 'Positions' tab on the BitMEX platform, locate your open position, and adjust the leverage to your desired level. However, keep in mind that changing the leverage can affect your margin requirements and liquidation price, so make sure to consider the potential risks and manage your position accordingly. If you need further assistance, you can reach out to the BitMEX support team for guidance.
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• Mar 20, 2022 · 3 years ago
  While I can't speak specifically for BitMEX, I can tell you that on BYDFi, another popular cryptocurrency exchange, it is possible to modify the leverage on open positions. This allows traders to adjust their risk exposure and manage their positions more effectively. It's always a good idea to check the platform's documentation or reach out to their support team for specific instructions on how to modify leverage on BitMEX.
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• Mar 20, 2022 · 3 years ago
  Yes, you can change the leverage on BitMEX while having an open position. Simply go to the 'Positions' tab on the BitMEX platform, select the position you want to modify, and adjust the leverage settings. Keep in mind that modifying leverage can impact your margin requirements and liquidation price, so it's important to carefully consider the potential risks before making any changes.
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