Bitcoin Forum

I want to trade leverage and futures , Binance currently only allow x10 margin :? and FTX reduced their leverage drastically. Where is another good platform to trade leverage ? esp high leverage of more than x100

I guess due to "risk trading" on "Leverage" is too high, they want to protect their customer.

Right now is really hard to get an exchange with high leverage, I have some casino offering to trade with high "Leverage" don't know you are interested or not. Try to check "Rollbits" they have "Trading" the only problem is you don't have many list coins right now they only support a few coin trades because casino.

Note: DYOR & DWYOR

Are bybit not high leverage? You could try them or maybe kucoin.

I've been using primexbt for a while (when I don't want to use binance) and it seems alright but is limited to just 100x and fewer coins.

Those are good changes for customers but I think those exchanges made such upgrades to obey with regulations.

• Updates on Rules of Binance Futures Leverage for New Accounts (2021-07-27) (https://www.binance.com/en/support/announcement/d6457e23eb2e42f2b9c3ce44f46f9a6d)
• Binance Says It’s Cutting Leverage Limit to 20x, a Day After FTX Announces the Same (https://www.coindesk.com/binance-starts-cutting-leverage-limit-to-20x-following-similar-move-by-ftx)

My thoughts

• Leverage trading is risky
• Future trading is very risky
• x100 leverage is not trading but it is gambling.
• In the other words, x100 leverage is a tool for suicide.

Check some derivative exchanges with https://blockspot.io/exchange/

Bybit is safe but be careful with high leverage. The volatility will liquidate you quickly.

I think you can use Binance, I'm not sure about other exchange but most of them have similar high leverage I think around x125? But be careful about that since you can easily lose your money I use leverage around x3-x10 but more than that is really risky and of course around x100+ only a small changes could easily rekt you.

Actually, I am not a fan of leverage trade, Kucoin offering 100x leverage at Bitcoin right now. I have no idea about others coins. You can check Kucoin (https://futures.kucoin.com/trade/XBTUSDTM?lang=en_US). You can also check Bybit (https://www.bybit.com/trade/inverse/BTCUSD). Phemex (https://phemex.com/trade/BTCUSD) also offering 100x leverage. Before doing leverage trade use tight stop loss, otherwise, you will be rekt. 100x leverage means gambling, I hope you know whats you are doing.

I think your best choice is Bybit or Phemex here. May we know if you really are well verse on the leveraged market? Don't hop in if you don't even know basic or for sure you'll experience burns.

Binance already reduced their leveraged to 20 times and it's already provided by @tranthidung regarding that news. Please check OP and other response first.

You can check the https://coinmarketcap.com/rankings/exchanges/ you can try the first top 10 exchanges most of them offer high leverage contracts though it is a risky way to earn, I remember I tried that once around x80 leverage in Bitcoin and I lose all my money in less than 1 minute. I'm newbie at that time that's why I don't know what risk i'm doing.

Using high leverage means high risks. I hope you understand that there is a big chance to lose our money quickly. I think using Binance is enough to use margin trading and I think 50x is good leverage to make a profit or getting a big loss. Once a time, I use Bitmex, but I do not know the situation on that site so Binance is the choice. Maybe KuCoin is the other site you can use.

you should gratefull to those exchanges that cut leverage to protect their customer from market volatility that may make us harmed. 10x leveraged was enough as long as we could trade well, if we want bigger leverage better accumulate our balance by generating profits continuesly  so we could open transaction with bigger amount.  and forget to check your trading history , is it appropriate to start futures trade?

I do think you could use ByBit for that type of leverage. Most of the top exchanges right now decreased their leverage because of the volatility and traders getting liquidated because they are not experienced with that. If you are going to do that, I would suggest for you just gamble it in a casino, maybe you can get an x1000 for your capital. *Definitely not a financial advice

Its primexbt that I first learned that crypto market has futures trading and then the rest of the exchanges follows. There was no news about them lowering their leverage limit unlike binance. It won't belong Kucoin will also limit theirs. The changes in binance I guess made him explore somewhere 20x still is profitable if switched to lower time frame like 15minutes you have have to trade more.