Can I use leverage when trading on FTX?

Yes, traders can use leverage when trading on FTX. The platform offers margin trading, which allows users to borrow funds to increase their trading position beyond their initial investment. This can potentially amplify both profits and losses, making it essential for traders to be cautious when utilizing leverage. FTX provides varying levels of leverage depending on the asset being traded, meaning that different cryptocurrencies may have different maximum leverage limits. Additionally, traders should be mindful of margin calls, which can occur if the value of the collateral drops below a certain threshold. It is highly recommended for individuals to familiarize themselves with the risks associated with leveraged trading before participating. For the most accurate and current information regarding leverage, traders may check the relevant sections on the FTX website or refer to the margin trading guidelines provided there.