Knowledge Card: Liquidation Price
With isolated margin, manually adding margin moves the liquidation price down for a long position and up for a short position, farther away from the current price.
In cross margin mode, lowering the leverage multiple alone won’t move the liquidation price farther away. Reducing your position or adding funds will.
After placing an order, check the liquidation price and compare it with the usual daily price range. If it’s too close, reduce your position size.
By the way: $BTC is quoted at 83037.39, up 0.65% in 24h.
#BTC
In volatile markets, manage your risk first.
With isolated margin, manually adding margin moves the liquidation price down for a long position and up for a short position, farther away from the current price.
In cross margin mode, lowering the leverage multiple alone won’t move the liquidation price farther away. Reducing your position or adding funds will.
After placing an order, check the liquidation price and compare it with the usual daily price range. If it’s too close, reduce your position size.
By the way: $BTC is quoted at 83037.39, up 0.65% in 24h.
#BTC
In volatile markets, manage your risk first.