I noticed Binance Futures offers up to 125x use, but since I'm from a restricted country, I can't use it. I moved my USDC to Isolated Margin, but it's capped at 10x. Is there any way to change that?
Is there a way to raise use on Isolated Margin in Binance?
12 replies 235 views
shard_2013Full Member
Posts: 634 · Reputation: 287
#2Aug 26, 2019, 12:15 PM
Generally, use for margin trading on all exchanges, including Binance, is capped at 10x. Futures trading is a different animal.
Honestly, steer clear of high use.
That sucks, but thanks for the info.
I wouldn't push for super high leverages anyway. 100x and above is basically gambling. Have you checked out other platforms like MEXC, OKX, or Bybit?
Sometimes Binance has these restrictions based on where you live.
Doubt you can change that use limit. It’s probably a restriction tied to your country.
But seriously, do you think 125x is actually safe? Because even 10x feels risky to me. I’d suggest sticking to 2x max.
CalmFalconMember
Posts: 262 · Reputation: 176
#6Aug 26, 2019, 07:58 PM
I saw ads for a new exchange claiming 100x use, but honestly, it looks sketchy. Could be a scam.
Not sure how experienced you are with use, but I’ve seen your posts and I hope you don’t end up getting wrecked.
I’d avoid MEXC if I were you. They offer up to 400x for Bitcoin and Ethereum. Imagine going to the bathroom after entering a position at 400x and coming back to a liquidation notice.
Find a better CEX for your trading.
rocket2020Full Member
Posts: 4 · Reputation: 602
#8Aug 27, 2019, 02:37 AM
Yeah, I feel you. My country can’t access Futures either, so I’m stuck with 10x on Isolated Margin.
Some exchanges might allow higher use, but just make sure they’re legit. DEXs are an option too but seem riskier.
True, 10x is pretty high as it is.
Have you thought about cross margin? Or maybe switch to a different trading pair?
I remember having a similar issue before. Cross margin could lift the limit, but watch out if you only have USDC. Switching pairs might help too.
I’ve been liquidated in under a minute before, and that was just with 50x use. The market was dropping so fast.
Can you imagine opening a position and then instantly getting liquidated? It’s a nightmare.
nova_vaultNewbie
Posts: 25 · Reputation: 1
#12Aug 27, 2019, 02:31 PM
Experience is a tough teacher in crypto. Cross margins might help, but you won't know until you try.
OKX and Bitget are solid options. If Binance is giving you trouble, maybe explore other exchanges.
dav3.falc0nFull Member
Posts: 14 · Reputation: 660
#13Aug 27, 2019, 07:07 PM
If you're aiming for Futures, check out your country’s info in Binance’s help center.
Rules vary by location, so your use limit might be a result of that. Just remember that Futures have different use options than margin trading.