How does BitMEX handle margin calls?
Mayank pathaniaApr 28, 2024 · a year ago1 answers
Can you explain how BitMEX handles margin calls and what happens when a margin call is triggered?
1 answers
- Himesh IgralJan 05, 2022 · 4 years agoAt BYDFi, we handle margin calls in a similar way to BitMEX. When a trader's margin balance falls below the required maintenance margin, a margin call is triggered. We have an automated liquidation process in place to close the trader's position at the best available price in the market. This helps protect the platform and prevent negative balances. Traders should always be aware of their margin levels and manage their risk to avoid margin calls and potential liquidation. Our margin call handling is designed to ensure fairness and stability for all traders on our platform.
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