-
Bitcoin $92,477.6434
-1.11% - Ethereum
$1,744.7789
-2.50% - Tether USDt
$1.0001
-0.01% - XRP
$2.1472
-5.15% - BNB
$596.6488
-2.31% - Solana
$146.8572
-3.16% - USDC
$1.0000
0.01% - Dogecoin
$0.1732
-4.62% - Cardano
$0.6866
-1.62% - TRON
$0.2440
-0.63% - Sui
$2.9943
3.75% - Chainlink
$14.3901
-2.82% - Avalanche
$21.9130
-3.32% - UNUS SED LEO
$9.2481
1.88% - Stellar
$0.2623
-3.64% - Toncoin
$3.1179
0.54% - Shiba Inu
$0.0...01304
-4.77% - Hedera
$0.1777
-4.20% - Bitcoin Cash
$358.9657
0.45% - Polkadot
$3.9866
-2.91% - Litecoin
$81.7041
-2.94% - Hyperliquid
$18.0887
-4.08% - Dai
$1.0000
0.00% - Bitget Token
$4.4473
-2.98% - Ethena USDe
$0.9994
0.01% - Pi
$0.6441
-3.30% - Monero
$224.1265
-1.26% - Uniswap
$5.7309
-3.91% - Pepe
$0.0...08439
-7.42% - Aptos
$5.2356
-1.97%
How to close MEXC leverage
When closing leverage positions on MEXC, it's crucial to monitor the closure status in the "Order History" section for completion confirmation.
Nov 21, 2024 at 01:42 pm
How to Close MEXC Leverage
Leverage trading on MEXC is a powerful tool that can amplify both your profits and losses. Therefore, it's crucial to understand how to close your leveraged positions effectively. This comprehensive guide will provide a step-by-step process on how to close leverage on MEXC.
Step 1: Log in to Your MEXC Account
To close your leverage position, the first step is to log in to your MEXC account. Go to the official MEXC website, enter your login credentials, and click on the "Sign In" button.
Step 2: Navigate to the Leverage Tab
Once you're logged in, hover over the "Trade" tab in the top menu bar and select "Leverage" from the drop-down menu. This will take you to the leverage trading dashboard.
Step 3: Choose the Position You Want to Close
On the leverage trading dashboard, you'll see a list of your open leveraged positions. Find the position you want to close and click on the "Close" button.
Step 4: Confirm the Position Closure
A confirmation window will pop up asking you to confirm the closure of your position. Check the details of the position, including the asset, leverage, and amount, to ensure it's correct.
Step 5: Select the Closure Type
If applicable, you'll need to select the type of closure you want to execute. The two options are:
- Close All: This option will close your entire leveraged position at the current market price.
- Close Part: This option allows you to close only a portion of your leveraged position. Specify the amount you want to close in the designated field.
Step 6: Complete the Closure
Once you've selected the closure type, click on the "Close" button to complete the process. MEXC will process your request and close your leveraged position accordingly.
Step 7: Monitor the Closure Status
After you initiate the closure process, you can monitor its status in the "Order History" section of the leverage trading dashboard. It might take a few seconds or minutes for the position to be closed completely.
Additional Tips:
- Manage Risk: Always use leverage wisely. Only trade with funds you can afford to lose and use appropriate risk management strategies.
- Monitor Positions: Keep a close eye on your open leveraged positions. Monitor the market trends and adjust your positions or close them if necessary.
- Use Stop-Loss Orders: Consider using stop-loss orders to limit potential losses in volatile market conditions.
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.
- Massive interest in new data infrastructure project signals renewed market enthusiasm
- 2025-04-24 18:50:12
- Revolut Doubles Profit to £1 Billion ($1.3 Billion) on Crypto Trading Growth
- 2025-04-24 18:50:12
- Binance Coin (BNB) Drops to $602 Ahead of BNB Chain Hard Fork Upgrade
- 2025-04-24 18:45:12
- South Korean exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) tokens
- 2025-04-24 18:45:12
- Bitcoin and other cryptocurrencies have risen sharply as investors sell off the dollar
- 2025-04-24 18:40:14
- $TRUMP is one of several crypto tokens associated with President Trump
- 2025-04-24 18:40:14
Related knowledge
How does Tail Protection reduce the loss of liquidation?
Apr 11,2025 at 01:50am
Introduction to Tail Protection in CryptocurrencyTail Protection is a mechanism designed to mitigate the risks associated with liquidation in cryptocurrency trading. Liquidation occurs when a trader's position is forcibly closed by the exchange due to insufficient margin to cover potential losses. This often happens in leveraged trading, where traders b...
What are the consequences of an imbalance in the long-short ratio?
Apr 13,2025 at 02:50pm
The long-short ratio is a critical metric in the cryptocurrency trading world, reflecting the balance between bullish and bearish sentiments among traders. An imbalance in this ratio can have significant consequences on the market dynamics, affecting everything from price volatility to trading strategies. Understanding these consequences is essential fo...
How to judge the market trend by the position volume?
Apr 11,2025 at 02:29pm
Understanding how to judge the market trend by position volume is crucial for any cryptocurrency trader. Position volume, which refers to the total number of open positions in a particular cryptocurrency, can provide valuable insights into market sentiment and potential price movements. By analyzing this data, traders can make more informed decisions ab...
Why does a perpetual contract have no expiration date?
Apr 09,2025 at 08:43pm
Perpetual contracts, also known as perpetual futures or perpetual swaps, are a type of derivative product that has gained significant popularity in the cryptocurrency market. Unlike traditional futures contracts, which have a fixed expiration date, perpetual contracts do not expire. This unique feature raises the question: why does a perpetual contract ...
Why is the full-position mode riskier than the position-by-position mode?
Apr 13,2025 at 03:42pm
Why is the Full-Position Mode Riskier Than the Position-by-Position Mode? In the world of cryptocurrency trading, the choice between full-position mode and position-by-position mode can significantly impact the risk profile of a trader's portfolio. Understanding the differences between these two modes is crucial for making informed trading decisions. Th...
How is the liquidation price calculated?
Apr 12,2025 at 01:35am
Introduction to Liquidation PriceLiquidation price is a critical concept in the world of cryptocurrency trading, particularly when dealing with leveraged positions. Understanding how this price is calculated is essential for traders to manage their risk effectively. The liquidation price is the point at which a trader's position is forcibly closed by th...
How does Tail Protection reduce the loss of liquidation?
Apr 11,2025 at 01:50am
Introduction to Tail Protection in CryptocurrencyTail Protection is a mechanism designed to mitigate the risks associated with liquidation in cryptocurrency trading. Liquidation occurs when a trader's position is forcibly closed by the exchange due to insufficient margin to cover potential losses. This often happens in leveraged trading, where traders b...
What are the consequences of an imbalance in the long-short ratio?
Apr 13,2025 at 02:50pm
The long-short ratio is a critical metric in the cryptocurrency trading world, reflecting the balance between bullish and bearish sentiments among traders. An imbalance in this ratio can have significant consequences on the market dynamics, affecting everything from price volatility to trading strategies. Understanding these consequences is essential fo...
How to judge the market trend by the position volume?
Apr 11,2025 at 02:29pm
Understanding how to judge the market trend by position volume is crucial for any cryptocurrency trader. Position volume, which refers to the total number of open positions in a particular cryptocurrency, can provide valuable insights into market sentiment and potential price movements. By analyzing this data, traders can make more informed decisions ab...
Why does a perpetual contract have no expiration date?
Apr 09,2025 at 08:43pm
Perpetual contracts, also known as perpetual futures or perpetual swaps, are a type of derivative product that has gained significant popularity in the cryptocurrency market. Unlike traditional futures contracts, which have a fixed expiration date, perpetual contracts do not expire. This unique feature raises the question: why does a perpetual contract ...
Why is the full-position mode riskier than the position-by-position mode?
Apr 13,2025 at 03:42pm
Why is the Full-Position Mode Riskier Than the Position-by-Position Mode? In the world of cryptocurrency trading, the choice between full-position mode and position-by-position mode can significantly impact the risk profile of a trader's portfolio. Understanding the differences between these two modes is crucial for making informed trading decisions. Th...
How is the liquidation price calculated?
Apr 12,2025 at 01:35am
Introduction to Liquidation PriceLiquidation price is a critical concept in the world of cryptocurrency trading, particularly when dealing with leveraged positions. Understanding how this price is calculated is essential for traders to manage their risk effectively. The liquidation price is the point at which a trader's position is forcibly closed by th...
See all articles
