-
Bitcoin $111,325.2168
2.08% - Ethereum
$2,666.2932
3.87% - Tether USDt
$1.0002
0.01% - XRP
$2.4327
1.31% - BNB
$681.9858
2.68% - Solana
$179.1127
3.93% - USDC
$0.9997
0.01% - Dogecoin
$0.2414
4.06% - Cardano
$0.8034
4.89% - TRON
$0.2776
1.86% - Sui
$3.9288
-1.06% - Chainlink
$16.8056
4.18% - Hyperliquid
$32.2182
16.40% - Avalanche
$25.0557
7.79% - Stellar
$0.3015
2.72% - Shiba Inu
$0.0...01533
3.59% - Bitcoin Cash
$434.9050
6.76% - Hedera
$0.2041
2.61% - UNUS SED LEO
$8.8637
0.64% - Toncoin
$3.1709
2.43% - Polkadot
$4.9338
3.62% - Litecoin
$99.2149
2.59% - Monero
$400.2926
9.45% - Bitget Token
$5.2097
-0.56% - Pepe
$0.0...01444
3.52% - Pi
$0.8132
-0.10% - Dai
$0.9999
0.01% - Ethena USDe
$1.0004
-0.04% - Bittensor
$474.4408
11.01% - Uniswap
$6.4668
2.17%
How to cancel BigONE leverage
To cancel leverage on BigONE, traders must first check their margin account, close open positions, repay borrowed funds, and disable leverage.
Nov 27, 2024 at 07:42 am
How to Cancel BigONE Leverage
Introduction
BigONE is a Singapore-based cryptocurrency exchange that offers a wide range of trading options, including leveraged trading. Leveraged trading allows traders to borrow funds from the exchange to increase their trading positions, potentially amplifying both profits and losses. While leveraged trading can be a powerful tool for experienced traders, it also carries significant risks. If not managed properly, leveraged trading can lead to substantial losses.
Step 1: Check Your Margin Account
Before canceling your leverage, you need to check your margin account to determine the amount of leverage you have used and the current status of your positions. To check your margin account:
- Log in to your BigONE account.
- Click on "Margin" in the top navigation bar.
- Your margin account balance, available margin, and current positions will be displayed.
Step 2: Cancel Open Positions
To cancel your open positions, follow these steps:
- Click on the "Positions" tab in the "Margin" section.
- A list of your open positions will be displayed.
- Select the position you want to cancel.
- Click on the "Close" button.
- Confirm the cancellation by clicking on "Yes" in the confirmation window.
Step 3: Repay Borrowed Funds
Once you have canceled your open positions, you need to repay the borrowed funds you used for leveraged trading. To repay borrowed funds:
- Click on the "Repay" tab in the "Margin" section.
- Enter the amount of funds you want to repay.
- Select the currency you want to repay in.
- Click on the "Repay" button.
Step 4: Disable Leverage
Once you have repaid your borrowed funds, you can disable leverage for your account. To disable leverage:
- Click on the "Leverage" tab in the "Margin" section.
- Set the leverage multiplier to "1x".
- Click on the "Save" button.
Additional Considerations
- Canceling leverage will not automatically close your open positions. You must manually close your positions before you can cancel leverage.
- If you have any outstanding orders, you need to cancel them before you can cancel leverage.
- Once you have canceled leverage, you will not be able to open any new leveraged positions until you re-enable leverage.
- Leveraged trading is a high-risk activity. Only trade with funds you can afford to lose.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Bitcoin soared to a new all-time high above $111,000
- 2025-05-22 23:40:13
- Pepe and Influencer Pepe (INPEPE): The Rumors, Shiba's History, and Why INPEPE Could Be the Next Big Winner
- 2025-05-22 23:40:13
- Influencers Are Flocking to This Next-Gen Meme Coin, Delivering 100x Returns to Early Investors
- 2025-05-22 23:35:28
- Could Solaxy Grow , But Is It Really What Solana Needs?
- 2025-05-22 23:35:28
- Internet Computer Protocol (ICP) Has Gained 6.7% in the Past 24 Hours
- 2025-05-22 23:30:13
- Bitcoin (BTC) Hits New All-Time High of $111,861, Lifting Cardano (ADA) Price
- 2025-05-22 23:30:13
Related knowledge
What are the recommended AERO coin exchanges? How to evaluate security?
May 21,2025 at 05:28am
In the world of cryptocurrencies, AERO coin has garnered significant attention due to its unique features and potential for growth. Choosing the right exchange to trade AERO coins is crucial for both security and efficiency. In this article, we will explore the recommended exchanges for AERO coins and provide a comprehensive guide on how to evaluate the...
How to buy AERO coins? What payment methods does the trading platform support?
May 21,2025 at 12:56pm
How to Buy AERO Coins? What Payment Methods Does the Trading Platform Support? Purchasing AERO coins, the native cryptocurrency of the Aerodrome Finance ecosystem, involves navigating through various cryptocurrency trading platforms that support this token. This article will guide you through the process of acquiring AERO coins and explore the different...
Where is the safest place to trade AERO coins? How to avoid scam platforms?
May 21,2025 at 10:56pm
When looking for the safest place to trade AERO coins, it's crucial to consider several factors that contribute to a platform's security and reliability. AERO coins, like many other cryptocurrencies, are subject to the volatility and risks associated with the crypto market. Therefore, choosing the right trading platform is essential to ensure the safety...
Where can I trade AIOZ coins? What verification steps need to be completed?
May 21,2025 at 01:15am
Trading AIOZ coins has become increasingly popular as the cryptocurrency gains traction in the market. To get started, it's essential to know where you can trade these coins and what verification steps you need to complete. This article will guide you through the process, ensuring you have all the necessary information to begin trading AIOZ coins effect...
How to buy AIOZ coins? What payment methods does the trading platform support?
May 21,2025 at 03:49am
Buying AIOZ coins involves a series of steps that can be completed on various cryptocurrency trading platforms. AIOZ Network is a blockchain-based platform that focuses on decentralized storage and content delivery. To get started, you'll need to choose a reliable exchange that lists AIOZ and supports your preferred payment methods. This article will gu...
What are the KAVA coin exchanges? Which platform has the lowest transaction fee?
May 21,2025 at 05:56am
The KAVA coin, a cryptocurrency native to the Kava platform, is designed to facilitate decentralized finance (DeFi) applications on its blockchain. Kava aims to bridge the gap between traditional finance and cryptocurrencies, offering various financial services such as lending, borrowing, and staking. To trade KAVA, investors can use several cryptocurre...
What are the recommended AERO coin exchanges? How to evaluate security?
May 21,2025 at 05:28am
In the world of cryptocurrencies, AERO coin has garnered significant attention due to its unique features and potential for growth. Choosing the right exchange to trade AERO coins is crucial for both security and efficiency. In this article, we will explore the recommended exchanges for AERO coins and provide a comprehensive guide on how to evaluate the...
How to buy AERO coins? What payment methods does the trading platform support?
May 21,2025 at 12:56pm
How to Buy AERO Coins? What Payment Methods Does the Trading Platform Support? Purchasing AERO coins, the native cryptocurrency of the Aerodrome Finance ecosystem, involves navigating through various cryptocurrency trading platforms that support this token. This article will guide you through the process of acquiring AERO coins and explore the different...
Where is the safest place to trade AERO coins? How to avoid scam platforms?
May 21,2025 at 10:56pm
When looking for the safest place to trade AERO coins, it's crucial to consider several factors that contribute to a platform's security and reliability. AERO coins, like many other cryptocurrencies, are subject to the volatility and risks associated with the crypto market. Therefore, choosing the right trading platform is essential to ensure the safety...
Where can I trade AIOZ coins? What verification steps need to be completed?
May 21,2025 at 01:15am
Trading AIOZ coins has become increasingly popular as the cryptocurrency gains traction in the market. To get started, it's essential to know where you can trade these coins and what verification steps you need to complete. This article will guide you through the process, ensuring you have all the necessary information to begin trading AIOZ coins effect...
How to buy AIOZ coins? What payment methods does the trading platform support?
May 21,2025 at 03:49am
Buying AIOZ coins involves a series of steps that can be completed on various cryptocurrency trading platforms. AIOZ Network is a blockchain-based platform that focuses on decentralized storage and content delivery. To get started, you'll need to choose a reliable exchange that lists AIOZ and supports your preferred payment methods. This article will gu...
What are the KAVA coin exchanges? Which platform has the lowest transaction fee?
May 21,2025 at 05:56am
The KAVA coin, a cryptocurrency native to the Kava platform, is designed to facilitate decentralized finance (DeFi) applications on its blockchain. Kava aims to bridge the gap between traditional finance and cryptocurrencies, offering various financial services such as lending, borrowing, and staking. To trade KAVA, investors can use several cryptocurre...
See all articles
