What are the risks involved in OPUSDT futures trading?

What are the risks involved in OPUSDT futures trading?

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While OPUSDT futures trading offers potential rewards, it also comes with several risks. The use of leverage means that losses can be magnified, and traders may lose more than their initial investment if not careful. Volatility is another risk, as the price of OP can fluctuate rapidly, leading to quick gains or losses. Additionally, futures contracts involve margin requirements, meaning if the market moves against a trader's position, they may be required to add more capital to maintain the trade or risk liquidation. Proper risk management strategies, such as setting stop-loss orders and only risking a small percentage of capital on each trade, are crucial in mitigating these risks. For more information on managing risks while trading OPUSDT, check out OPUSDT.