Marco Verch / Flickr
Binance

Binance, the world’s largest crypto exchange, has increased the maximum leverage that investors can use for its Bitcoin (BTC) futures products to 125x.

According to the recent announcement, Binance has boosted the maximum leverage to 125x for BTC/USDT contracts and enabled the ability to adjust leverage on its web and testnet trading interfaces. Investors with the risk-appetite to trade on margin can now select between 1-125x leverage.

New leverage adjustment functionality (Binance)

With the increased leverage, Binance CEO Changpeng “CZ” Zhao took to Twitter to warn users about the risks of trading on margin, suggesting new traders stay away from the functionality.

“Not every feature is for everyone,” Zhao added. “Some features, while not liked by everyone, are in high demand only for small selected groups. Please don’t use features you don’t like or need. As a platform, we have to provide choices to stay competitive.”

It’s clear that Binance is pushing hard to attract high-volume traders. As we previously reported, the exchange recently announced the launch of its VIP Invitation Program for new users looking to trade its spot, margin and futures offerings. Participating investors can receive trading fee discounts by providing screenshots of their trading volume at another exchange.

More: Binance Futures Increases Maximum Leverage to 125x and Launches Leverage Adjustment Function
Recent: Binance Offers Lower Fees to Poach Traders From Competing Exchanges
Image: Marco Verch / Flickr

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

Voyager

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