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Binance with leverage?
Posted: Wed Mar 16, 2022 8:29 pm
by pjonathan0299
Hello all,
I want take a license for trade in live with binance but where I use leverage in TCP? If we can't, can you add in futur update?
Thank you very much!
Re: Binance with leverage?
Posted: Thu Mar 17, 2022 10:49 am
by rok_povsic
Hello Jonathan,
Currently it's not possible to change the leverage inside of Bookmap. You need to open Binance's web page and change it there.
Note that the change is permanent per instrument however. This means that once you change it, all future orders (for that instrument) placed from either Bookmap or the web platform will use that leverage.
That means that if you know that you want to trade with a certain leverage for the near future, you only need to set that leverage (for that instrument) once and forget about it.
We do have a way of setting the leverage from within Bookmap but it's currently not yet integrated with Binance (only Kraken and FTX at the moment). We have a plan to extend the integration to other exchanges, but it's not planned to be done in the near future, so the above workaround is needed.
Thanks,
Rok
Re: Binance with leverage?
Posted: Thu Mar 17, 2022 9:27 pm
by pjonathan0299
rok_povsic wrote: ↑Thu Mar 17, 2022 10:49 am
Hello Jonathan,
Currently it's not possible to change the leverage inside of Bookmap. You need to open Binance's web page and change it there.
Note that the change is permanent per instrument however. This means that once you change it, all future orders (for that instrument) placed from either Bookmap or the web platform will use that leverage.
That means that if you know that you want to trade with a certain leverage for the near future, you only need to set that leverage (for that instrument) once and forget about it.
We do have a way of setting the leverage from within Bookmap but it's currently not yet integrated with Binance (only Kraken and FTX at the moment). We have a plan to extend the integration to other exchanges, but it's not planned to be done in the near future, so the above workaround is needed.
Thanks,
Rok
Thank you very much! I did not know, thank you for this solution!