> For the complete documentation index, see [llms.txt](https://hashhedge.gitbook.io/hashhedge-user-guide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hashhedge.gitbook.io/hashhedge-user-guide/trading-terminal/leverage.md).

# Adjusting leverage

Leverage lets you control a larger position with a smaller amount of capital.

It magnifies both gains and losses.

***

## How leverage works

Leverage borrows funds from the platform, using your own capital as collateral, so you can open a bigger position than your margin alone would allow.

**Total position size = Margin × Leverage**

On Hash Hedge, leverage can be set from **1x to 5x** on all available trading pairs.

## How to adjust it

{% stepper %}
{% step %}
Go to the **Trade** screen.
{% endstep %}

{% step %}
On the right side, click the leverage button (it shows your current setting, e.g. **Leverage 5X**).
{% endstep %}

{% step %}
Choose a level from **1x to 5x**.
{% endstep %}

{% step %}
Click **Confirm**.
{% endstep %}
{% endstepper %}

<figure><img src="/files/OWIBMJnZiSmRD9aKVvhe" alt=""><figcaption><p>The leverage button on the Trade screen</p></figcaption></figure>

<figure><img src="/files/HYOrDufXIyE65RPUfWP8" alt=""><figcaption><p>The Adjust Leverage dialog</p></figcaption></figure>

***

{% hint style="warning" %}
For the same margin, higher leverage increases both your position size and your risk. Keep your loss limits in mind when choosing a level.
{% endhint %}


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