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Bitfinex Increases Maximum Leverage for the BTC/USDt Margin Pair

BITFINEX

Related type: Others

2023-07-05 19:04

We're pleased to announce an increase in the maximum leverage for margin trading on the Bitcoin /Tether USD trading pair. The maximum leverage on the BTC/USDt pair was increased from 5x to 10x on 05/07/2023 at 9:00 AM UTC. Margin trading enables traders to borrow funds to increase leverage, offering the potential for greater profits. Still, the potential for greater rewards also comes with higher levels of risk, particularly given the volatility of digital assets. If you wish to learn more about margin trading, please visit our Knowledge Base article.