Bitcoin Perpetual Contracts: Can You Adjust Leverage Midway?

Understanding Bitcoin Contracts

Contract Trading Rules

• Trading Hours:

  • Contracts trade 24/7, except during weekly settlement/delivery periods (Friday 16:00 UTC+8).
  • In the last 10 minutes before delivery, only closing positions is allowed.

• Trade Types:

  1. Open Positions:

     • Buy to Open Long (Bullish): Bet on price rise.
     • Sell to Open Short (Bearish): Bet on price drop.

  2. Close Positions:

     • Sell to Close Long: Exit bullish bets.
     • Buy to Close Short: Exit bearish bets.

• Order Methods:

  • Limit Orders: Specify price/quantity.
  • Market Orders: Execute immediately at best available price.
• Leverage: Up to 100x on perpetual contracts (e.g., OKX, Binance).

Perpetual vs. Delivery Contracts

| Feature | Perpetual Contracts | Delivery Contracts |
|-----------------------|------------------------------------|----------------------------------|
| Expiry | None | Fixed settlement date |
| Funding Rate | Yes (aligns with spot prices) | No |
| Leverage | Higher (e.g., 100x) | Lower (e.g., 40x) |
| Best For | Flexible, long-term strategies | Short-term hedging |

👉 Trade Bitcoin Perpetual Contracts

Adjusting Leverage Mid-Trade

• Yes, but:

  • Changes apply to new positions; existing positions retain original leverage.
  • Example: Reducing leverage from 50x to 20x lowers risk but requires adjusting margin.

• Key Considerations:

  • Higher leverage = higher liquidation risk.
  • Monitor maintenance margin to avoid forced closures.

FAQs

1. Can I modify stop-loss after setting it?

• Yes. Platforms like OKX allow updating stop-loss orders anytime.

2. What’s the max leverage for Bitcoin contracts?

• Delivery: Typically 40x.
• Perpetual: Up to 100x (varies by exchange).

3. Which contract type is better?

• Perpetual: No expiry, ideal for long holds.
• Delivery: Fixed-term, suits precise hedging.

Pro Tips

• Use lower leverage (10x–20x) for volatile markets.
• Regularly check funding rates to avoid unexpected costs.

👉 Start Trading with 100x Leverage

Final Word: Whether adjusting leverage or choosing contract types, prioritize risk management. Happy trading! 🚀