What is the minimum margin requirement for shorting BTC on BitMEX?
Rodney MareJan 11, 2022 · 3 years ago3 answers
Can you please provide information on the minimum margin requirement for shorting BTC on BitMEX? I am interested in understanding the specific margin amount required to initiate a short position on BitMEX for Bitcoin.
3 answers
- Jan 11, 2022 · 3 years agoTo short BTC on BitMEX, the minimum margin requirement is 1%. This means that you need to have at least 1% of the total value of your short position as margin in your account. For example, if you want to short 1 BTC at a price of $10,000, you would need to have $100 as margin in your account. It's important to note that this is the minimum requirement and you may need to maintain a higher margin level to avoid liquidation in case of price fluctuations.
- Jan 11, 2022 · 3 years agoShorting BTC on BitMEX requires a minimum margin of 1%. This means that you need to have at least 1% of the total value of your short position as margin in your account. It's always a good practice to maintain a higher margin level to manage risks and avoid liquidation in case of market volatility. Make sure to keep an eye on the margin requirements and adjust your positions accordingly.
- Jan 11, 2022 · 3 years agoWhen it comes to shorting BTC on BitMEX, the minimum margin requirement is 1%. This means that you need to have at least 1% of the total value of your short position as margin in your account. It's important to understand the risks involved in shorting and to carefully manage your margin to avoid liquidation. BYDFi, a popular cryptocurrency exchange, also follows similar margin requirements for short positions.
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