What’s the difference between U-margined and coin-margined contracts? Many people can’t explain it clearly!
Coin-margined contracts use the corresponding cryptocurrency itself as margin and settle profits and losses in that coin. For example, BTC coin-margined contracts settle profits and losses in BTC.
When someone holding BTC spot opens a coin-margined short position to hedge, the margin for the short position and the asset they hold are the same coin, which is one of the commonly mentioned uses of coin-margined contracts.
Keep enough margin in your contract account, and don’t let a single wick knock your position out.
$BTC 83157.9（+0.21%）
#BTC
Coin-margined contracts use the corresponding cryptocurrency itself as margin and settle profits and losses in that coin. For example, BTC coin-margined contracts settle profits and losses in BTC.
When someone holding BTC spot opens a coin-margined short position to hedge, the margin for the short position and the asset they hold are the same coin, which is one of the commonly mentioned uses of coin-margined contracts.
Keep enough margin in your contract account, and don’t let a single wick knock your position out.
$BTC 83157.9（+0.21%）
#BTC