1. Margin
When users trade Futures on CoinCatch, they are not required to pay 100% of the funds. Instead, they need to invest a small amount of capital as collateral based on the contract value, at a certain ratio, to start buying and selling contracts. This capital is called margin.
2. Follower margin settings
A. Follower copy mode
Parameters
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Description
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Fixed Amount
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The amount of margin for opening a position per copy trade
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Multiplier
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It represents a multiplier relationship between each copied trade and the trader’s trades
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Fixed Quantity
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The number of positions for each copy trade (the actual margin amount for a position may vary and is influenced by factors such as leverage and cryptocurrency prices).
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B. Margin currency
Users need to adjust this in advanced settings and can choose to follow the copy trader in the same margin currency or specify a different currency.
3. Margin based on the number of positions
When using CoinCatch for copying trades, you can set the margin amount. Please note that in the "Fixed Quantity" option within the advanced settings, the actual margin amount for opening positions may vary due to factors such as leverage and cryptocurrency prices. Therefore, each time the actual margin amount for opening positions will be different:
Margin Amount = Price / Leverage * Position Quantity (the higher the leverage used, the lower the required margin).
For example: Assuming the current price of the XRPUSDT contract is 1.00 USDT, and you open a long position for 1 XRP with 2x leverage, the required margin amount would be 0.5 USDT. If you increase the leverage, the margin will decrease accordingly; if you decrease the leverage, the margin will increase accordingly.
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