Tips on trading futures on Mexc

Hey!

So, i got me some profits from the recent moons pump, and have been thinking of trying out some degen trading with the ~$100 i now have in Eth.

I know mexc is one of the few exchanges that don't require KYC, so i like that, but you can also trade futures? With up to 200x leverage? That sounds insane, and kind of fun to try, as i have a small amount of "free" money.

Is anyone familiar with this? Are there any tips, or things i should avoid?

I know it's extremely risky, but like i've said, this is basically free money, and i don't care if i lose it all.

EDIT: TL;DR: i sold my moons, and bought back to get my KM to 1, and have $100 left i want to play with. Any advice other than "don't use leverage" is what i'm asking for.