•3 years
How to open a leveraged position on Bybit?
I am looking for content on leverage on exchanges like Binance and BitBay - except that it cannot be older than six months, I watched some movies on YT and unfortunately I did not find movies there that are based on the current version of bybit. I want to find out how I can trade with the use of leverage, but it is completely unclear to me what menu I see in this option on the crypto exchange. I do not understand the options available in the interface menu of this instrument. I understand the idea of this solution and the risks associated with it, I need knowledge that will allow me to open a position (short / long) with its use.
I am looking for content on leverage on exchanges like Binance and BitBay - except that it cannot be older than six months, I watched some movies on YT and unfortunately I did not find movies there that are based on the current version of bybit. I want to find out how I can trade with the use of leverage, but it is completely unclear to me what menu I see in this option on the crypto exchange. I do not understand the options available in the interface menu of this instrument. I understand the idea of this solution and the risks associated with it, I need knowledge that will allow me to open a position (short / long) with its use.
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You enter Derivatives-> inverse contracts, then you invest and earn in cryptocurrency. If you want to invest and earn in stablecoin, then you choose Derivatives-> USDT perpetual or Derivatives-> USDC perpetual. You set the levers in the upper right corner (I would advise you to select isolated, then you only play with the selected capital, not with the entire balance, as in the case of the cross option. There are also options to play with the lever on the spot, but there you have no freedom to select the leverage, but they are upfront You choose trade-> margin trading, there is x5 leverage, and when choosing trade-> leveraged tokens you have x2 or x3 leverage depending on the selected token.
You enter Derivatives-> inverse contracts, then you invest and earn in cryptocurrency. If you want to invest and earn in stablecoin, then you choose Derivatives-> USDT perpetual or Derivatives-> USDC perpetual. You set the levers in the upper right corner (I would advise you to select isolated, then you only play with the selected capital, not with the entire balance, as in the case of the cross option. There are also options to play with the lever on the spot, but there you have no freedom to select the leverage, but they are upfront You choose trade-> margin trading, there is x5 leverage, and when choosing trade-> leveraged tokens you have x2 or x3 leverage depending on the selected token.
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After logging in to Bybit, click on the top bar in "Derivatives", then "USDC Perpetuals" or "USDT Perpetuals", select any cryptocurrency pair, once you see the chart and lots of other boxes next to the chart, in the upper right corner of the screen (under the bar with the current rates of various cryptos) you will find the book icon, clicking on it will display a menu with access to tutorials, step-by-step training and articles on trading with leverage, setting stop losses and take profits, risk calculation and many other useful information.
After logging in to Bybit, click on the top bar in "Derivatives", then "USDC Perpetuals" or "USDT Perpetuals", select any cryptocurrency pair, once you see the chart and lots of other boxes next to the chart, in the upper right corner of the screen (under the bar with the current rates of various cryptos) you will find the book icon, clicking on it will display a menu with access to tutorials, step-by-step training and articles on trading with leverage, setting stop losses and take profits, risk calculation and many other useful information.
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In order to open a leveraged position on Bybit, follow the steps below: Log in to your Bybit account. Choose the appropriate trading pair on which you want to open a leveraged position. Click on the "Trade" button. Select the "Leverage" option from the interface menu. Enter the desired leverage (e.g. x10, x50) and the amount of contracts you want to buy or sell. Choose the type of position you want to open: "Short" (sell) or "Long" (buy). Click on the "Open position" button or similar. Confirm your transaction and monitor your leveraged position on Bybit. Remember that leveraged trading carries greater risk, so it is recommended to fully understand the rules and functions of leverage before starting cryptocurrency trading on the exchange.
In order to open a leveraged position on Bybit, follow the steps below: Log in to your Bybit account. Choose the appropriate trading pair on which you want to open a leveraged position. Click on the "Trade" button. Select the "Leverage" option from the interface menu. Enter the desired leverage (e.g. x10, x50) and the amount of contracts you want to buy or sell. Choose the type of position you want to open: "Short" (sell) or "Long" (buy). Click on the "Open position" button or similar. Confirm your transaction and monitor your leveraged position on Bybit. Remember that leveraged trading carries greater risk, so it is recommended to fully understand the rules and functions of leverage before starting cryptocurrency trading on the exchange.
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