#في **Binance** platform, **Default Trading Level (ML)** refers to the **leverage level** that is set by default for a user’s account when they start trading futures or perpetual contracts. This level is based on the account’s verification level and imposes restrictions on the amount of leverage that can be used.
# ## **Leverage Levels (ML) in Binance:**
1. **Level 1 (ML1):**
- **Leverage:** Usually **No Leverage** or **1x**.
- This is the **default level** for new users on the Binance platform.
- You cannot open futures deals using higher leverage.
2. **Level 2 (ML2):**
- **Leverage:** **2x** or **5x**.
- This level allows you to use higher leverage after completing basic account verification.
- This level requires **KYC verification**.
3. **Level 3 (ML3):**
- **Leverage:** **10x** or **20x**.
**Advanced Verification (KYC)** is required in order to raise the leverage to this level.
- Allows you to expand your trading capabilities.
4. **Level 4 (ML4):**
- **Leverage:** **50x** or **100x**.
- This is the **highest** leverage level you can access after passing the full identity verification process.
### **How to raise your virtual trading level (ML):**
- **KYC Verification:** You need to provide some documents like ID card or passport to prove your identity.
- After passing the verification, the level of leverage available to you is increased, giving you the ability to use higher leverage according to the level set.
### **Practical example:**
If you are new to trading futures on Binance and start with **ML1**, you will only have **1x** leverage. Over time, after completing identity verification, you can upgrade to **ML2** or higher to increase leverage.
### **Simple equation:**
- When using **2x** leverage, if you have $1000, you can open a trade worth **$2000**.
\[
\text{Trade Size} = \text{Equity} \times \text{Leverage}
\]
\[
\text{Deal size} = 1000 \times 2 = 2000 \, \text{Dollars}
\]
### **Conclusion:**
- **ML** is the leverage level assigned to your account based on verification.
- The leverage you can use is determined.
A based on the **ML** level assigned to your account.$XRP
