Margin Trading

Margin trading involves trading crypto with funds borrowed from a broker or exchange. It allows traders to operate with more capital than they have in their account.

Margin Trading Overview

Margin Account

• Purpose: Used to borrow funds for purchasing digital assets.

• Earning: Monthly funds are charged on the borrowed amount (not guaranteed).

• Accessing Account: Find your margin account balance in the 'Balances' section on the home page.

Opening a Margin Trading Account

1. Login: Sign in and navigate to the Margin trading page.

2. Account Options: Choose between Standard or Pro Margin Trading.

3. Transfer Funds: Click 'Transfer' to move funds into your margin account.

4. Borrowing Funds: Select 'Borrow', choose the coin, enter the amount, and confirm.

   • Note: 2FA is required for enhanced security.

---

Getting Started with Margin Trading

• KYC and Security: Complete your KYC process and enable 2FA.

• Restricted Countries: Check if your country is allowed for margin trading.

• Transferring Collateral: Move funds (e.g., BTC, ETH, BNB) from your Exchange Wallet to your Margin Wallet. These serve as collateral.

• Leverage Rate: Fixed rate is at 5:1.

• Borrowing Process: Click 'Borrow/Repay', enter the amount, note the hourly interest, and confirm. Check your balance under 'Margin'.

• Margin Level: Keep track of your Margin Level. It's calculated as Total Asset Value / (Total Borrowed + Total Accrued Interest).

• Liquidation: A margin level of 1.1 triggers automatic liquidation to repay the loan.