How to enable leverage trading

When you complete onboarding, you’ll have the option to activate leverage trading. You’ll receive information about the benefits and risks of leverage trading, along with relevant disclosures. If you are a U.S. resident, you will need to confirm your eligibility as an ECP. We will follow up with you regarding your status. Please notify us if your ECP status changes.

Incurring a loan

Once enabled, if you place a trade that exceeds your account’s USD or USDC balance, you will incur a loan. The loan amount and APR are displayed when you review your order. If you agree with the information displayed, you can place your order.

When you place a limit order that requires leverage to fill, you will incur a loan. The necessary assets are deposited into your account and will be ready should your limit order be filled. Be sure to monitor your limit orders closely: they can remain unfilled if the limit price is not reached, but you will incur interest over the entire duration while the limit order is open.