Leverage and Risk Management

Coin8 Global Station Users:

 

Bitget uses market fair prices to force liquidation of positions to prevent long/short selling and market manipulation. It is important to understand leverage and risk based on local government information and regulations.

 

Liquidate Cross margin Mode

Cross-account equity (excluding per-position margin and per-position unrealized PNL) < maintenance margin, i.e. margin ratio = 100%.

Maintenance Margin = Maintenance Margin Percentage * Value of Held Positions (for two-way held positions, calculated based on the position with the larger equity)

 

Liquidat Isolation margin mode

Isolated position margin + unrealized PNL < maintenance margin, i.e. margin ratio = 100%.

Coin8 uses a gradual position reduction methodology to minimize the risk of position losses and maintain positions.

 

When a risk occurs, the following actions are taken:

(1) Cancel, only open and close orders in isolated margin mode are removed for that trading pair, while open and close orders in cross margin mode are completely canceled (including the position-specific part of the open and close orders).

(2) Rolling, removing two-way position orders for all trading pairs (excluding the position part of isolated margin mode)

(3) Deceleration, 2 steps at a time according to the deceleration steps (excluding Isolated Margin mode)

(4) Forced closing of positions, residual positions are issued as market-fast orders (except for isolated margin mode).

Notes: After the risk process is triggered, the risk control engine temporarily takes over the trade, and the close of forced liquidation is not reflected in the trade history or chart. Once you enter the risk process, no other actions are allowed until the process is complete.