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Questions tagged [set leverage]

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DigitalDynasty DigitalDynasty Thu Sep 05 2024 | 0 answers 0

How to set leverage on Deribit?

Hello there, I'm curious about setting leverage on Deribit. Could you guide me through the process? I've heard that it's an important aspect of crypto trading and I'd like to understand how to adjust it effectively. Are there any specific steps I should follow? And what are the potential risks associated with using leverage on Deribit? Additionally, is there a recommended leverage ratio for beginners? I'd appreciate any insights you can offer.

How to set leverage on Deribit?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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