Under the Multi-Assets mode, auto exchange will happen under 3 circumstances:
1. When Asset Wallet Balance is less than autoExchangeThreshold (-10,000 USD);
2. When users get liquidated, auto exchange will be immediately triggered if the BUSD/USDT in the USDⓈ-M Futures Wallet balance is not enough to cover the deficit.
3. When you do not have existing positions or open orders, the system will continuously calculate the LTV (loan to value). When LTV ≥ 1, auto-exchange will be triggered.
For example, when your BUSD balance is -20,000 BUSD, auto exchange will be triggered. 20,000 BUSD / 97.5% = 20,513 BUSD of the BTC will be changed to BUSD to balance the wallet.
If there are multiple assets under Multi-Asset Mode, when the auto exchange is triggered, they will be automatically converted to negative assets according to the proportion of each asset. In order to avoid the loss of automatic exchange, users can transfer or exchange independently before reaching the automatic exchange threshold.