How many contracts can you get on BitMEX with 3 bitcoins?

3 answers

• Dec 27, 2021 · 3 years ago
  On BitMEX, the maximum number of contracts that can be obtained with 3 bitcoins depends on the contract size and leverage. Assuming a contract size of 1 bitcoin and a leverage of 100x, you can potentially open a position for up to 300 contracts with 3 bitcoins. However, it's important to note that trading with high leverage carries significant risk and should be approached with caution. It's always recommended to thoroughly understand the risks involved and to use appropriate risk management strategies.
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• Dec 27, 2021 · 3 years ago
  With 3 bitcoins on BitMEX, you can open a position for a maximum of 300 contracts if you choose to use the maximum leverage available. However, it's important to consider your risk tolerance and trading strategy before using high leverage. Trading with leverage amplifies both profits and losses, so it's crucial to have a solid risk management plan in place. It's also worth mentioning that BitMEX offers various contract sizes and leverage options, so the maximum number of contracts may vary depending on your chosen parameters.
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• Dec 27, 2021 · 3 years ago
  When it comes to trading on BitMEX with 3 bitcoins, the maximum number of contracts you can obtain will depend on the contract size and leverage you choose. BitMEX offers different contract sizes, such as XBTUSD with a contract size of 1 bitcoin. Assuming you choose this contract and leverage of 100x, you can open a position for up to 300 contracts with 3 bitcoins. However, it's important to note that trading with high leverage can be risky and may result in significant losses if not managed properly. Always consider your risk tolerance and use appropriate risk management strategies when trading on BitMEX or any other cryptocurrency exchange.
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