Based on market liquidity, OKX position tier rules set variable position limits for different leverages selected, and require different margin levels.
When a high leverage is selected, the maintenance margin may fail to cover the loss during forced liquidation under extremely volatile market conditions. Thus, OKX limits the maximum borrowing amount for high leverage. The higher the leverage, the lower the maximum borrowing amount.
Therefore, when sufficient funds are available, a larger order can be placed instead if the leverage multiplier is appropriately lowered.