What is Leverage on Binance?
Leverage is a "loan" that the broker gives you to trade with more money than you have.
Example: you have $10 and use 10x leverage → trades as if you had $100.
🔺 If you bet on the rise (Long) and the coin goes up 10%, you double your money.
🔻 If it drops 10%, you lose everything.
⚠️ The higher the leverage, the greater the risk.
100x leverage: a 1% change can wipe out your account.
2x to 5x leverage is safer (more "room" until liquidation).
🎯 Step by step to use:
Set your Binance app to English.
Go to Futures in the Assets tab.
Transfer funds to the USDM-Futures wallet.
Click on Trade and choose the coin.
At the top, set the leverage (e.g., 5x, 10x...).
Fill in:
Entry price
Margin (how much you will use of your wallet funds)
Take Profit (target profit)
Stop Loss (loss limit — ESSENTIAL!)
💡 Tip: Only trade with leverage if you know what you are doing. It multiplies both gains and losses.