A quick guide to futures trading: Insurance Fund and ADL
· On Binance, when a position is liquidated, a liquidation fee is charged based on its notional value and fee rate. Binance collects this fee and may transfer some or all of it to the Insurance Fund if necessary.
· The ADL indicator beside your position shows its queue position. The more bars that are lit, the more likely your position is to be prioritized for reduction if ADL occurs.
Market context: $BTC Current price: 82256.01 (24h +0.96%).
#BTC
· On Binance, when a position is liquidated, a liquidation fee is charged based on its notional value and fee rate. Binance collects this fee and may transfer some or all of it to the Insurance Fund if necessary.
· The ADL indicator beside your position shows its queue position. The more bars that are lit, the more likely your position is to be prioritized for reduction if ADL occurs.
Market context: $BTC Current price: 82256.01 (24h +0.96%).
#BTC