Why is my leverage increasing automatically on BitMEX?
Reece AllenJan 14, 2022 · 3 years ago3 answers
I've noticed that the leverage on my BitMEX account is increasing automatically without my input. Why is this happening and how can I stop it?
3 answers
- Jan 14, 2022 · 3 years agoIt's possible that the leverage on your BitMEX account is increasing automatically due to a feature called 'Auto-Deleveraging'. This feature is designed to protect the exchange from liquidation risks by transferring the loss to profitable traders. To stop the automatic leverage increase, you can disable the Auto-Deleveraging feature in your account settings. However, keep in mind that this may increase the risk of liquidation if your positions go against you.
- Jan 14, 2022 · 3 years agoThe automatic leverage increase on BitMEX could be a result of your position size exceeding the available margin. When this happens, the system automatically increases the leverage to maintain the position. To prevent this, you can either reduce your position size or deposit more margin to increase your available funds.
- Jan 14, 2022 · 3 years agoAt BYDFi, we understand that the automatic leverage increase on BitMEX can be frustrating. It's important to note that BYDFi does not have this feature and allows users to manually control their leverage. If you're looking for a more customizable leverage experience, you may consider trying out BYDFi as an alternative to BitMEX.
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