I often see people on #Binance writing something about leverage without understanding how it works. In fact, it doesn't matter what leverage you trade with if you manage your risk. Let's consider an example of how leverage works: for instance, if you open a position with a volume of 100$ at 10x, your liquidation will be $100, but the margin used will be $10. If you open a position with 100$ at 100x, your liquidation will also be $100, but the margin used will be $1. Essentially, there is no difference in leverage if the trade volume is always the same. Now let's analyze why these leverages are needed at all. With a deposit of 1000$ at 1x, you can buy 10 coins at $100, while with 1000$ at 10x, you can buy 10 times more coins, but correspondingly, the risk will also be 10 times greater. Therefore, if you see some novice telling you something about leverage, always remember that what matters is not the leverage, but the size of the position in $ .