I need an explanation: if I use Margin Grid ( loan btc earn Usd when btc goes down… just an example) and I will open a position (i mean grid bot ) 250 LEVERAGE 3X how much am I borrowing?

How much is my money? I am asking because on the leverage grid bot I can see my asset and borrow but on the margin grid 250 (3X) pionex show me 0.0205 loan = 750 usdt it means I am borrowing 100% ????

Answer

You borrow 500 to open 750 position with 250 margin

Means you borrow 200%

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