x100 leverage is very insane and unlawful. And you are proposing x200 leverage. So if BTC price moves 10$ then the user will be liquidated? I wonder if you will get a license to operate
with that such kind of risk factor that you will offer your customer. I believe that x25 must be the maximum and for me, It is too much.
I agree, but you are not forced to use that leverage, it is only an option by maximum, you can control your own leverage, either 25x, or 5x. your call.
This is an issue on Bitmex too. Even though you are not forcing user to do x200 leverage but still they will be tempted to use it since it is available option and it is your main attraction in your leverage trading site. In case I might drop by on your website. Is there any unique feature for your leverage trading except for crazy x200 leverage just like on bybit?