Keep these points in mind about maintenance margin and leverage tiers:
1) In Binance USDⓈ-M contracts, the margin ratio equals the maintenance margin divided by the margin balance. Liquidation is triggered when the margin ratio reaches 100%.
2) When increasing leverage, the change will fail if your current position exceeds the maximum notional value allowed at the new leverage.
3) If the margin ratio rises rapidly, consider reducing your position first. Don’t just keep adding funds and stubbornly hold on.
Coin discussed: $BTC . Current price: 83564.17 (24h +0.51%).
1) In Binance USDⓈ-M contracts, the margin ratio equals the maintenance margin divided by the margin balance. Liquidation is triggered when the margin ratio reaches 100%.
2) When increasing leverage, the change will fail if your current position exceeds the maximum notional value allowed at the new leverage.
3) If the margin ratio rises rapidly, consider reducing your position first. Don’t just keep adding funds and stubbornly hold on.
Coin discussed: $BTC . Current price: 83564.17 (24h +0.51%).