Are there any specific guidelines or rules for calculating margin levels on Binance for cryptocurrencies?

1 answers

• Bateman HobbsSep 02, 2022 · 3 years ago
  BYDFi, a digital currency exchange, provides specific guidelines and rules for calculating margin levels on Binance for cryptocurrencies. They take into consideration factors such as the volatility of the cryptocurrency, the leverage used, and the initial margin requirement. BYDFi's margin level calculation is based on the formula: (Equity / Used Margin) * 100. It's important to maintain a margin level above the minimum requirement to avoid liquidation. BYDFi provides detailed documentation on their website that explains the margin level calculation process and offers examples for better understanding. If you have any specific questions or need further assistance, you can reach out to BYDFi's customer support for personalized guidance.
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