How can I handle margin allowance exceeded issue on Kraken?

3 answers

• Dec 26, 2021 · 3 years ago
  When you encounter a margin allowance exceeded issue on Kraken, it means that you have exceeded your borrowing limit for margin trading. To handle this problem, you can either deposit more funds into your account to increase your margin allowance or reduce your open positions to decrease your margin usage. It's important to carefully manage your margin trading activities to avoid such issues in the future. Remember to monitor your account balance and margin usage regularly to stay within the allowed limits.
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• Dec 26, 2021 · 3 years ago
  Dealing with a margin allowance exceeded issue on Kraken can be frustrating, but there are a few steps you can take to resolve it. First, review your open positions and consider closing some of them to reduce your margin usage. Additionally, you can deposit more funds into your account to increase your margin allowance. Finally, make sure to keep an eye on your account balance and margin usage to avoid encountering this issue again in the future. Remember, it's crucial to manage your margin trading activities responsibly to minimize the risk of margin allowance exceeded problems.
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• Dec 26, 2021 · 3 years ago
  If you're facing a margin allowance exceeded issue on Kraken, don't panic. This is a common problem that can be easily resolved. To handle it, you can either deposit more funds into your account or reduce your open positions. By depositing more funds, you'll increase your margin allowance and have more room for trading. On the other hand, reducing your open positions will decrease your margin usage and bring you back within the allowed limits. Remember, it's important to carefully manage your margin trading activities and stay within your borrowing limits to avoid encountering this issue in the future. If you need further assistance, you can reach out to the Kraken support team for guidance.
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