Key Announcement
Dear Users,
We are excited to announce the launch of the Leverage Settings feature for Contract Copy Trading, available starting May 22, 2024. This update allows you to customize leverage levels when copying trades, enhancing control over your risk management strategy.
How It Works
Accessing Leverage Settings
- After selecting a trader, navigate to the Copy Trading Settings page.
- Click "Advanced Settings" → Select "Leverage Settings".
- Here, you can adjust the leverage for each trading pair.
Example:
- If your BTCUSDT contract leverage is set to 5X and the trader uses 20X, your copied trades will execute at 5X.
Default Leverage Rules
- Cross-Margin Mode: Default leverage is 10X.
- Isolated-Margin Mode: Default leverage is 5X.
Existing Positions
- For positions opened before this update: Your configured leverage will apply for future trades (not the trader’s leverage).
Risk Management Tip
High leverage increases potential losses. We recommend keeping leverage below 20X for safer copy trading.
FAQs
1. What happens if I don’t set my leverage?
- The system defaults to 10X (Cross-Margin) or 5X (Isolated-Margin).
2. Can I change leverage for existing copy trades?
- Yes, your configured leverage will apply to new trades after the update.
3. Why is lower leverage recommended?
- Lower leverage reduces liquidation risk during high volatility.
4. Does this feature support all trading pairs?
- Yes, leverage customization is available for all supported pairs.
5. How often can I adjust my leverage?
- You can update leverage settings anytime before placing new copy trades.
👉 Learn more about optimizing copy trading strategies
HTX reserves the right to modify or cancel this announcement without prior notice. Cryptocurrency trading involves high risk; please assess your risk tolerance before participating.
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