Is it possible to buy cryptocurrencies on margin without a margin call?
kem hiDec 29, 2021 · 3 years ago3 answers
Can I purchase cryptocurrencies on margin without the risk of a margin call?
3 answers
- Dec 29, 2021 · 3 years agoYes, it is possible to buy cryptocurrencies on margin without the risk of a margin call. Some exchanges offer a feature called 'cross margin' where the margin required for a position is taken from the entire account balance rather than just the position itself. This means that as long as you have enough funds in your account to cover the total margin requirement, you won't receive a margin call.
- Dec 29, 2021 · 3 years agoAbsolutely! Many cryptocurrency exchanges allow margin trading without the worry of a margin call. By using cross margin, the exchange will calculate the margin requirements based on your entire account balance, not just the specific position. As long as you have enough funds in your account, you can trade on margin without the risk of a margin call.
- Dec 29, 2021 · 3 years agoYes, it is possible to buy cryptocurrencies on margin without a margin call. For example, BYDFi, a popular cryptocurrency exchange, offers a cross margin feature that allows traders to use their entire account balance as collateral. This means that as long as you have sufficient funds in your account, you can trade on margin without the risk of a margin call. However, it's important to note that margin trading carries its own risks, and it's always recommended to do thorough research and understand the potential risks involved before engaging in margin trading.
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