What’s the difference between USDT-margined and coin-margined contracts?
Coin-margined contracts use the underlying coin as collateral and settle profits and losses in that coin. For example, BTC-margined contracts settle profits and losses in BTC.
USDT-margined contracts use a stablecoin as collateral, making profits and losses easier to calculate. Different trading pairs can share a single USDT balance.
For example, $BTC : BTCUSDT calculates profits and losses in USDT, while the coin-margined BTCUSD calculates them in BTC. The current price is 77360.01.
#BTC
Coin-margined contracts use the underlying coin as collateral and settle profits and losses in that coin. For example, BTC-margined contracts settle profits and losses in BTC.
USDT-margined contracts use a stablecoin as collateral, making profits and losses easier to calculate. Different trading pairs can share a single USDT balance.
For example, $BTC : BTCUSDT calculates profits and losses in USDT, while the coin-margined BTCUSD calculates them in BTC. The current price is 77360.01.
#BTC