How to Reset the Liquidation Level on Binance Futures?

Resetting your liquidation level while trading on Binance Futures is one of the most crucial steps in risk management.
Trying to protect your position but your liquidation level keeps getting closer? There’s a way to reset it on Binance Futures!
To do this, you need to use cross mode. Now, I’ll explain it to you with an example.
For example, I have a total of $200 in my futures wallet. I’m going to open a long position on Dogecoin with 10x leverage. If I use my entire balance for the trade, my liquidation price appears as $0.18.
I don’t want to get liquidated. So, what should I do? Here’s the answer!
We divide the total balance by the leverage amount we’ll use. Then, we open a position with the resulting amount.
For example, if we have $200 and use 5x leverage, 200 ÷ 5 = 40. If we open a position for slightly less than $40, our liquidation price will be zero.
If you have $500 and want to use 10x leverage in cross mode:
500 ÷ 10 = 50 → So, if you open a $50 position with 10x leverage, your liquidation price will be zero.
If you have $1000 and want to use 5x leverage in cross mode:
1000 ÷ 5 = 200 → So, if you open a $200 position with 5x leverage, your liquidation price will be zero.
If you have $300 and want to use 20x leverage in cross mode:
300 ÷ 20 = 15 → So, if you open a $15 position with 20x leverage, your liquidation price will be zero.