How are funds on BitMEX handled when not in a long or short position?

6 answers

• Dec 29, 2021 · 3 years ago
  When funds on BitMEX are not being used for a long or short position, they are typically held in your BitMEX wallet. This means that the funds are still under your control and can be used for other purposes such as withdrawing to your personal wallet or transferring to another exchange. It's important to note that while the funds are in your BitMEX wallet, they are not actively being used for trading.
  404202
• Dec 29, 2021 · 3 years ago
  If you're not in a long or short position on BitMEX, your funds will remain in your account and you can use them for other activities. You can withdraw the funds to your personal wallet or transfer them to another exchange if you prefer. It's always a good practice to keep your funds secure and only use them for trading when you have a clear strategy.
  353118
• Dec 29, 2021 · 3 years ago
  When you're not in a long or short position on BitMEX, your funds are stored in your account wallet. You have full control over these funds and can choose to withdraw them or use them for other purposes. However, it's important to keep in mind that BitMEX is a highly leveraged platform, so it's recommended to only keep the necessary funds for trading and store the rest in a secure offline wallet.
  399100
• Dec 29, 2021 · 3 years ago
  If you're not actively trading on BitMEX and don't have any open long or short positions, your funds will be held in your BitMEX wallet. This gives you the flexibility to use the funds for other purposes such as withdrawing to your personal wallet or transferring to another exchange. Just make sure to keep your funds secure and follow best practices for cryptocurrency storage.
  37976
• Dec 29, 2021 · 3 years ago
  When you're not in a long or short position on BitMEX, your funds are safely stored in your BitMEX wallet. This allows you to have full control over your funds and use them for various purposes. Whether you want to withdraw the funds to your personal wallet or transfer them to another exchange, the choice is yours. Remember to always prioritize the security of your funds and follow recommended storage practices.
  41570
• Dec 29, 2021 · 3 years ago
  BYDFi, a popular decentralized finance platform, handles funds on BitMEX in a similar way when they are not in a long or short position. The funds are stored securely in your BYDFi wallet, giving you full control over them. You can choose to withdraw the funds to your personal wallet or use them for other DeFi activities. BYDFi prioritizes the security and privacy of its users' funds, ensuring a seamless and secure experience.
  43062