How does the special maintenance requirement affect the trading of digital currencies?

3 answers

• Jarvis BekkerJun 27, 2021 · 4 years ago
  The special maintenance requirement is a rule set by certain cryptocurrency exchanges to ensure that traders maintain a minimum amount of funds in their accounts. This requirement is typically higher than the regular maintenance margin and serves as an additional safeguard against potential losses. By imposing a higher maintenance requirement, exchanges aim to reduce the risk of margin calls and protect both traders and the exchange from excessive losses. Traders need to be aware of this requirement as it can affect their trading strategies, especially when using leverage. Failing to meet the special maintenance requirement may result in forced liquidation of positions or additional fees.
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• Pauli StarkerAug 11, 2023 · 2 years ago
  The special maintenance requirement is like the extra security deposit you need to have in your trading account. It's a way for exchanges to make sure that you have enough funds to cover potential losses. So, let's say you want to trade with leverage and borrow some funds from the exchange. In addition to the regular margin requirement, you'll also need to meet the special maintenance requirement. This requirement can vary from exchange to exchange and may depend on factors like the volatility of the market or the specific digital currency you're trading. If you fail to meet the special maintenance requirement, the exchange may close your positions or charge you extra fees. So, it's important to keep an eye on your account balance and make sure you meet the requirements to avoid any unwanted surprises.
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• ashraf aliJun 17, 2025 · a month ago
  At BYDFi, we understand the importance of the special maintenance requirement in ensuring a safe and stable trading environment for our users. The special maintenance requirement is a key component of risk management in digital currency trading. It helps to protect traders from excessive losses and ensures the overall stability of the exchange. By setting a higher maintenance requirement, we aim to promote responsible trading practices and reduce the risk of margin calls. Traders should always be aware of the special maintenance requirement and ensure they have sufficient funds in their accounts to meet the requirement. Failure to meet the special maintenance requirement may result in forced liquidation of positions or additional fees. At BYDFi, we strive to provide a transparent and secure trading experience, and the special maintenance requirement is one of the measures we take to achieve that.
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