Go big or go home. This year marks 8 years since BitMEX earned its name as the inventor of the 100x leverage perpetual swap.
So we’re upping our leverage game – and considerably so.
Why are we doing such a thing? Our 100x leverage was created to give every trader, regardless of their available capital, a chance to make big gains with crypto. Fast forward to today – Bitcoin prices are more than 500% higher and market volatility is significantly lower. Such a change in markets calls for different trading opportunities.
So we’re excited to introduce Leverage Booster on BitMEX, allowing you to trade with up to 250x leverage.
To be clear… This is for the bold and daring – those aiming for the Lambos and Ferraris. It’s not for everyone, and trading with leverage has risks (see here).
Keen to give it a shot? Read on.
If you haven’t signed up for a BitMEX account yet, we’re currently offering 5,000 USD worth of BMEX Tokens to new users – you can register here.
How to Trade with Leverage Booster on BitMEX
From 19 April 2024 at 07:00 UTC, 250x leverage is available to any verified user on BitMEX trading with Isolated Margin.
Ready to get started?
- Hover over your account profile icon on the top right corner of your trading UI.
- Go to ‘My Preferences’.
- Under ‘Trading’, click the checkbox next to ‘Leverage Booster’ (as shown below).
- With Leverage Booster activated, you wil be able to select up to 250x on the leverage slider of your order form (see below).
Note: Leverage Booster is only available for Isolated Margin positions, so it will always be your choice whether to use higher leverage. In addition, your Risk Limit will also be reduced for isolated positions to 10 BTC for so long as you have elected to use Leverage Booster.
What’s in it For Me?
For those daring enough to take on Leverage Booster, we want you to prove it.
We are giving away up to 30 USDT to the first 1000 traders that use 250x leverage and share their BitMEX PnL card as proof on X (Twitter).
For the full details on how to participate, visit this page.
To be the first to know about our new listings, product launches, giveaways and more, we invite you to join one of our online communities and connect with other traders. For the absolute latest, you can also follow us on Twitter, or read our blog and site announcements.
In the meantime, if you have any questions please contact Support who are available 24/7.
The post Trade With 250x Leverage, Only Available on BitMEX appeared first on BitMEX Blog.
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