BitMEX has increased its leverage capacity on Bitcoin Perpetual Swap from its previous level to a staggering 250x. This move aims to benefit traders, particularly in times of high market volatility such as the recent Bitcoin halving event.
Increasing the leverage allows traders to put up less collateral for the same amount of exposure. This means traders with smaller initial capital can engage in larger trades and potentially achieve higher profit. However, it is important to note that this also means a higher risk of loss