How to set the default leverage for CoinEx contracts?

Understanding the Importance of Default Leverage in CoinEx Contracts

Setting a default leverage on CoinEx contracts is crucial for traders who frequently engage in leveraged trading. This feature allows users to predefine the leverage level that will be automatically applied when opening new positions, eliminating the need to manually adjust it each time. By setting this parameter correctly, traders can streamline their workflow and maintain consistent risk exposure across trades.

Navigating to the Leverage Settings Section

To access the leverage settings on CoinEx, log into your account and navigate to the contract trading section. Look for an option labeled 'Leverage' or 'Position Settings,' typically located near the trading interface. Within this menu, there should be a toggle or dropdown option for setting the default leverage. Ensure you're viewing the correct trading pair and market before proceeding, as settings may vary between different assets.

Adjusting the Default Leverage for Futures Trading

Once inside the leverage settings, you'll see a range of available leverage options, such as 1x, 5x, 10x, up to 100x depending on the asset and market conditions. Select the desired leverage level that aligns with your trading strategy and risk tolerance. For example, if you're a conservative trader, you might opt for 10x leverage, while more aggressive traders may choose higher values. Make sure to confirm your selection by clicking the 'Save' or 'Apply' button if required.

• Click on the 'Settings' icon next to the leverage slider
• Locate the 'Set as Default' checkbox or similar option
• Confirm your choice by refreshing the page or reopening the settings menu

Applying Different Leverages Across Multiple Positions

CoinEx allows users to set different leverage levels for individual positions, even if a default has been configured. This means that after setting a global default, you can still override it on a per-trade basis. To do this, simply adjust the leverage slider before confirming a trade. This flexibility ensures that traders aren't locked into a single leverage value and can adapt dynamically to changing market conditions without altering their default preference.

• Open a new order form for the desired contract
• Modify the leverage value using the provided controls
• Proceed with placing the trade as usual

Managing Margin Modes Alongside Leverage Settings

It's important to note that leverage settings are closely tied to margin modes on CoinEx. There are two primary margin types: Isolated Margin and Cross Margin. Changing the default leverage may behave differently depending on which mode you're using. For instance, under Cross Margin, the system automatically adjusts liquidation prices based on total equity, whereas Isolated Margin applies leverage independently to each position. Always verify your margin mode before setting a default leverage value to avoid unexpected outcomes during volatile market movements.

• Go to the margin settings within the contract trading interface
• Choose between Isolated Margin and Cross Margin
• Save the selection and revisit the leverage configuration

Frequently Asked Questions (FAQ)

Q: Can I set different default leverage values for various trading pairs on CoinEx?A: No, CoinEx currently does not support setting unique default leverage values for different trading pairs. The leverage setting applies globally across all futures contracts unless manually adjusted before placing an individual trade.

Q: Does changing the default leverage affect open positions?A: No, modifying the default leverage only affects future trades. It does not impact any existing open positions, which retain the leverage value they were initially opened with.

Q: How often can I change my default leverage setting on CoinEx?A: You can change your default leverage setting at any time through the platform’s settings menu. There are no restrictions or cooldown periods imposed by CoinEx regarding how frequently you can update this parameter.

Q: Is it possible to disable the default leverage feature entirely?A: While there is no explicit 'disable' option, you can effectively bypass the default leverage by manually adjusting the leverage slider before each trade. This allows for full control over leverage on a case-by-case basis.