Dear Users,
We are pleased to announce the launch of the Contract Copy Trading Leverage Settings feature on May 22, 2024. This update empowers you with greater control over your trading strategies while maintaining the convenience of copy trading. Below are the key details:
How to Use the Leverage Settings Feature
- Accessing the Feature:
After selecting a trader to follow, navigate to the Copy Trading Settings page.
Click "Advanced Settings" → Select "Leverage Settings" to configure your desired leverage for each traded pair. Leverage Guidelines:
- High leverage increases risk of losses. We recommend keeping leverage below 20X.
- Example: If your BTCUSDT contract leverage is set to 5X and the trader uses 20X, your copied trades will execute at 5X.
Important Notes
✅ Default Leverage Rules:
- Cross-Margin Mode: Default leverage is 10X.
- Isolated Margin Mode: Default leverage is 5X.
✅ Existing Followed Traders & Positions:
For trades initiated before this feature launch:
- Your configured leverage (not the trader’s) will apply to new positions when the trader next acts.
FAQs
Q1: Can I change leverage during an active trade?
A: No, leverage settings apply only to new positions opened after configuration.
Q2: Why is my profit/loss different from the trader’s?
A: Differences occur if your leverage setting diverges from the trader’s. Always align leverage with your risk tolerance.
Q3: Is there a minimum leverage requirement?
A: Yes, platform-specific minimums apply. Check the trading rules for details.
👉 Optimize your copy trading strategy today
HTX reserves the right to modify or cancel this announcement without prior notice. Cryptocurrency trading involves substantial risk—review the Risk Disclosure before investing.
This content is for informational purposes only and does not constitute financial advice.
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