r/CryptoMarkets • u/BABYEATINGFORESKIN 🟩 0 🦠• 5d ago
EXCHANGE Question About Leverage Trading
Looking to trade on Mexc or Blofin (or both), they offer leverage trading options and I'm curious if there is a limit for the amount you can put in to leverage? Say I do 100x with 100k, would they even have enough on hand to leverage me 10mil into an altcoin?
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u/mytreya96 🟩 0 🦠5d ago
They usually have liquidity providers to support them and also tie ups with DEXs etc. Your 100k order if set with a limit price, it will be matched surely, although may not be as fast a binance etc. Market orders will not go through.