How to place an order with leverage on Binance Futures through API

API Futures API
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1

I’m doing this:

  1. POST /fapi/v1/leverage with {‘symbol’: ‘ETHUSDT’, ‘leverage’: 2}
  2. POST /fapi/v1/order with { ‘symbol’: ‘ETHUSDT’, ‘side’: ‘BUY’, ‘quantity’: xx, …}
  3. wait for a while
  4. POST /fapi/v1/leverage with {‘symbol’: ‘ETHUSDT’, ‘leverage’: 2}
  5. POST /fapi/v1/order with { ‘symbol’: ‘ETHUSDT’, ‘side’: ‘SELL’, ‘quantity’: xx, …}

The 2x leverage does not seem to apply from the numbers on the order history. How should this be?

Thank you

2

Hi. Can you also describe what is your expectation of this scenario?

3

I’d like to place an order of qty=100 and it should reflect as 200 on the order history. Bot platforms can do this but I’m not sure exactly how. Thank you.

4

If you want to sell qty=1 BTC with price= 40000USDT and leverage of x2, what changes is your free USDT balance (will have less 20000USDT) and not the qty=1 BTC.

You can use the following to check the leverage of your open positions:

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