Asked: What exactly is the difference between isolated margin and cross margin?
My answer: In cross margin mode, the wallet balance of the corresponding currency in your futures account serves as collateral for all cross-margin positions. Unrealized losses can draw on the entire balance. If one position in cross margin incurs a substantial unrealized loss, it can consume margin also being used by other positions, affecting the safety buffer of all cross-margin positions.
$BTC 77443.92(-0.39%)
What would you like to hear about next? DeFi or something else?
#BTC
My answer: In cross margin mode, the wallet balance of the corresponding currency in your futures account serves as collateral for all cross-margin positions. Unrealized losses can draw on the entire balance. If one position in cross margin incurs a substantial unrealized loss, it can consume margin also being used by other positions, affecting the safety buffer of all cross-margin positions.
$BTC 77443.92(-0.39%)
What would you like to hear about next? DeFi or something else?
#BTC
