What does MAX next to leverage mean, and where do I see the maximum position at that leverage?

Question

Accepted Answer

“MAX” (Max order) is the largest size of a single order under the exchange's rules; it does not depend on the chosen leverage. The limit on the whole position in the coin at the applied leverage is shown in the “Leverage” window, row “Position cap”: the lower the leverage, the higher the limit. If the exchange did not state the limit in money, the figure is recalculated from the quantity limit at the current ask and changes with the price.