Everyone, this is an important concept you need to understand: isolated margin vs. cross margin!
In cross-margin mode, the liquidation price is generally farther from the current price. However, if you get liquidated, you could lose most of the balance in the corresponding asset.
If a position incurs a large loss under cross margin, it will use up balance also being used by your other positions, bringing the liquidation prices of all your cross-margin positions closer.
Related coin: $BTC , trading at 83161.99 (24h -0.31%).
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In cross-margin mode, the liquidation price is generally farther from the current price. However, if you get liquidated, you could lose most of the balance in the corresponding asset.
If a position incurs a large loss under cross margin, it will use up balance also being used by your other positions, bringing the liquidation prices of all your cross-margin positions closer.
Related coin: $BTC , trading at 83161.99 (24h -0.31%).
Save this and take your time reading 👇
#BTC