Can I use the liquid drained from my rotating compost bin as a liquid feed? If so, what dilution method should I use?

The liquid is a by-product of composting, known as leachate, and will contain soluble nutrients which may be beneficial to plants.

The dilution rate is 1:10 (1 part leachate to 10 parts water) and, for sensitive plants, use a ratio of 1:20.