# 2.8 How to Adjust Leverage on Electra

Electra provides flexible leverage management, allowing traders to choose leverage levels from 1x to 100x, depending on their strategy and risk tolerance. Here's a detailed guide to setting up leverage on the platform.

**What Is Leverage? Leverage enables traders to amplify their trading positions using borrowed funds. While it can significantly boost profits, it also magnifies losses, making prudent use of leverage essential.**

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**How to Set Up Leverage**

1. Log in and Connect Your Wallet
2. * Access the Electra platform and ensure your wallet is connected.
3. Go to the Futures Trading Page
4. * Navigate to the "Futures" tab in Electra's trading interface.
5. Select a Trading Pair
6. * Choose the asset pair you wish to trade, such as BTC/USDT or ETH/USDT.
7. Adjust the Leverage
8. * Locate the "Leverage" field near the position size input box.
   * Use the slider or manually input the desired leverage level (e.g., 10x, 50x, or 100x).

**Key Features of Leverage Adjustment on Electra**

* Flexibility: Adjust leverage both before opening a position and for existing positions.
* Risk Levels by Leverage:
* * 1x–10x: For conservative traders.
  * 20x–50x: Moderate risk for active trading.
  * 50x–100x: High risk, suitable for experienced traders handling volatility.
* Margin Requirements: Higher leverage reduces the margin needed to open a position but increases liquidation risk.

**Tips for Using Leverage**

1. Start Low: Beginners should stick to leverage up to 5x to minimize risks.
2. Assess Risk: Ensure your position size aligns with your capital management strategy.
3. Monitor Liquidation: High leverage increases the likelihood of liquidation. Use stop-loss orders to safeguard your assets.

**Why Is This Important?**

Proper leverage adjustment helps traders manage capital and risk effectively, maximizing returns on successful trades. However, high leverage not only offers potential rewards but also carries significant risks.

Electra’s intuitive leverage setup makes it easy for traders of all experience levels to utilize this tool confidently and responsibly.
