Guys, this is a must-know: maintenance margin and leverage tiers!
When increasing leverage, if your existing position exceeds the maximum notional value allowed at the new leverage, the change will fail.
The larger the position’s notional value, the higher the maintenance margin rate that applies. One explanation is that liquidating a position of this size has a greater impact on the order book, so more buffer needs to be set aside.
The coin mentioned above: $BTC is trading at 67291.21, down 1.66% over 24h.
Save this and take a closer look later 👇
When increasing leverage, if your existing position exceeds the maximum notional value allowed at the new leverage, the change will fail.
The larger the position’s notional value, the higher the maintenance margin rate that applies. One explanation is that liquidating a position of this size has a greater impact on the order book, so more buffer needs to be set aside.
The coin mentioned above: $BTC is trading at 67291.21, down 1.66% over 24h.
Save this and take a closer look later 👇