What is the process of a margin call on BitMEX and how does it work?

3 answers

• Ritwik JoardarApr 17, 2021 · 4 years ago
  A margin call on BitMEX occurs when the value of your account falls below the required maintenance margin. When this happens, BitMEX will automatically liquidate your position to cover the losses. This is done to protect both the exchange and the trader from further losses. It is important to monitor your margin levels and ensure that you have enough funds to cover potential losses to avoid a margin call.
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• SnowDec 18, 2020 · 5 years ago
  When a margin call is triggered on BitMEX, the exchange will send you a notification and start the liquidation process. The liquidation process involves selling your position at the market price to cover the losses. It is important to note that during a margin call, you may not have control over the price at which your position is liquidated, which can result in additional losses. Therefore, it is crucial to manage your risk and maintain sufficient margin levels to avoid margin calls.
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• Inderjit Singh GillNov 13, 2023 · 2 years ago
  As an expert in the cryptocurrency industry, I can tell you that margin calls on BitMEX can be a stressful experience. It is important to understand the risks involved in margin trading and to have a clear risk management strategy in place. BitMEX has a robust liquidation process in order to protect both the exchange and the traders. It is advisable to regularly monitor your margin levels and adjust your positions accordingly to avoid margin calls and potential liquidation.
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