How to operate Poloniex leverage

Leverage trading on Poloniex enables users to enhance their potential gains or losses by borrowing funds from the exchange, requiring careful account setup, margin funding, and meticulous risk management.

Nov 26, 2024 at 05:44 pm

How to Operate Poloniex Leverage

Poloniex is a cryptocurrency exchange that offers leverage trading, allowing users to multiply their potential gains (and losses) by borrowing funds from the exchange. Operating leverage on Poloniex involves several key steps:

1. Enable Leverage Trading

Log in to your Poloniex account and navigate to the "Funding" tab.
Under "Margin Account," toggle the switch to "Enabled."
Review and accept the terms and conditions.

2. Fund Your Margin Account

Transfer funds from your spot wallet to your margin account.
Select the desired cryptocurrency and enter the amount you wish to transfer.
Confirm the transfer.

3. Choose a Trading Pair and Leverage

Navigate to the "Exchange" tab and select the trading pair you want to trade.
On the order form, select the "Margin" tab.
Enter the desired leverage, which can be up to 100x depending on the trading pair.

4. Place a Margin Order

Choose the order type (Market, Limit, Stop-Limit, or Stop-Market Order).
Enter the order quantity and price (if applicable).
Verify the order details and click the "Buy" or "Sell" button.

5. Monitor Your Margin Position

Go to the "Open Orders" tab to view your active margin orders.
The "Margin Used" field indicates the amount of borrowed funds used for the order.
The "Margin Level" shows the ratio of your equity to the borrowed funds.

6. Manage Risk

Set stop-loss orders to limit potential losses in case of adverse price movements.
Monitor your margin level closely and consider closing positions or adding collateral if the level falls below a certain threshold.
Be aware of the risk of liquidation if the margin level drops too low.

7. Close Your Margin Position

Go to the "Open Orders" or "Closed Orders" tab to find the margin order you wish to close.
Click the "Close" button and confirm the closure.
The borrowed funds will be returned to your margin account, and the position will be closed.

8. Withdraw Funds

Once your margin positions are closed, you can withdraw the funds from your margin account back to your spot wallet.
Navigate to the "Funding" tab and select the "Withdraw" option.
Choose the desired cryptocurrency and enter the withdrawal amount.
Confirm the withdrawal.

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.

Fear & Greed Index

Trade Now

Biggest Gainers

MUBARAK

$0.1164

50.76%

Trade Now
BNX

$1.7658

41.50%

Trade Now
CAKE

$2.5771

41.06%

Trade Now
MERL

$0.1346

25.17%

Trade Now
CARV

$0.3693

23.02%

Trade Now
CHEEMS

$0.0...01179

18.56%

Trade Now

Latest Crypto News

Trade Crypto, Stocks & Forex for Free: BlockchainFX Lets You Test Its Trading Super App with $10,000 USDT Demo – No KYC Required
2025-03-17 21:30:57
The end may be in sight for the long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC).
2025-03-17 21:25:57
Solana and XRP Struggle Amid Market Uncertainty
2025-03-17 21:25:57
DeepLink Protocol (DLC) Now Listed on MEXC
2025-03-17 21:25:57
Prominent asset manager 21Shares has announced the liquidation of two crypto futures ETFs focused on Bitcoin and Ethereum.
2025-03-17 21:25:57
U.S. spot Bitcoin (BTC) exchange-traded funds recorded over $1.6 billion in net outflows
2025-03-17 21:25:57

Related knowledge

Top 10 Bitcoin Exchanges in 2025

Mar 17,2025 at 07:01pm

OKX: One of the world's renowned digital asset trading platforms, it offers spot and derivative trading services for digital assets such as Bitcoin, Litecoin, and Ethereum. With over 20 million users, it features fast trading speed, sufficient depth, and a rich product range. It has a high reputation and user base in the Asian market. However, the l...

Best cryptocurrency trading platforms for beginners

Mar 17,2025 at 03:42pm

When entering the cryptocurrency space, it is crucial to choose a suitable trading platform. For beginners, a good platform can enable the trading journey to be safe and smoothly. The following is a description of how to choose and some preferred platforms.Key points for platform selectionSafety firstSecurity is the primary consideration when choosing a...

Top 10 Cryptocurrency Trading Platforms for Beginners

Mar 17,2025 at 03:36pm

When entering the cryptocurrency trading field, it is crucial to choose the right trading platform. For beginners, an ideal platform should be both secure, easy to use, rich trading products and reasonable transaction fees. The following is a detailed introduction to the top ten cryptocurrency trading platforms suitable for beginners.BinanceAs one of th...

Recommended Cryptocurrency Exchanges for Beginners

Mar 17,2025 at 03:32pm

When entering the cryptocurrency space, it is crucial to choose the right exchange. For beginners, a secure, easy to use and feature-rich platform is the ideal starting point for embarking on a journey to invest in cryptocurrency. This article will recommend several cryptocurrency exchanges for beginners.1. Coinbase: A friendly choice for beginnersCoinb...

The most popular digital asset trading platform for beginners

Mar 17,2025 at 03:28pm

In the field of digital asset trading, novices often face many confusions, and how to choose a suitable trading platform is crucial. A good platform can not only provide a convenient trading experience, but also ensure asset security. The following is a introduction to some digital asset trading platforms that are very popular among novices and their fe...

Which Bitcoin exchange is better? The latest Bitcoin exchange ranking recommendation in 2025

Mar 17,2025 at 03:21pm

Recommended latest Bitcoin exchange rankings in 2025In the current financial market, Bitcoin trading is attracting more and more attention. For investors, choosing a quality Bitcoin exchange is crucial. The following are your latest Bitcoin exchange rankings and recommendations in 2025:Binance Strong overall strength : Binance ranked first in the world ...