Dear CoinEx users,
In order to enhance the risk management of CoinEx Futures market, we will implement the following adjustment to the position level of FTTUSDT and SOLUSDT. The details are as follows.
Adjustment Time
To be activated at 9:00 Nov 9, 2022 (UTC)
Adjusted Markets
FTTUSDT and SOLUSDT
Details of Position Level Adjustment
1. FTTUSDT
Before |
After Adjustment |
||||||
Position Level(FTT) |
Maintenance Margin Rate |
Min. Initial Margin |
Max. Leverage |
Position Level(FTT) |
Maintenance Margin Rate |
Min. Initial Margin |
Max. Leverage |
0-2,000
|
1.00%
|
2.00%
|
50
|
0-2,000
|
2.00%
|
2.00%
|
50
|
2,000.1-5,000
|
2.00%
|
5.00%
|
20
|
2,000.1-5,000
|
3.00%
|
5.00%
|
20
|
5,000.1-10,000
|
3.00%
|
6.66%
|
15
|
5,000.1-10,000
|
4.00%
|
6.66%
|
15
|
10,000.1-20,000
|
4.00%
|
10.00%
|
10
|
10,000.1-20,000
|
5.00%
|
10.00%
|
10
|
20,000.1-50,000
|
5.00%
|
20.00%
|
5
|
20,000.1-50,000
|
6.00%
|
20.00%
|
5
|
2. SOLUSDT
Before |
After Adjustment |
||||||
Position Level(SOL) |
Maintenance Margin Rate |
Min. Initial Margin |
Max. Leverage |
Position Level(SOL) |
Maintenance Margin Rate |
Min. Initial Margin |
Max. Leverage |
0-5,000 |
1.00%
|
2.00%
|
50
|
0-5,000 |
2.00%
|
2.00%
|
50
|
5,000.01-10,000 |
2.00%
|
5.00%
|
20
|
5,000.01-10,000 |
3.00%
|
5.00%
|
20
|
10,000.01-20,000 |
3.00%
|
6.66%
|
15
|
10,000.01-20,000 |
4.00%
|
6.66%
|
15
|
20,000.01-50,000 |
4.00%
|
10.00%
|
10
|
20,000.01-50,000 |
5.00%
|
10.00%
|
10
|
50,000.01-100,000 |
5.00%
|
20.00%
|
5
|
50,000.01-100,000 |
6.00%
|
20.00%
|
5
|
Risk Reminder
1. After adjustment:
(1) The positions opened BEFORE the time of adjustment still apply to the PREVIOUS rules of maintenance margin rate.
(2) The positions opened, reduced, or closed AFTER the adjustment will apply to the NEW rules of maintenance margin rate.
2. To avoid forced liquidation, please evaluate your margin balance in Futures Account, and conduct risk control by reducing/closing positions or adding margin balance in advance.
How to Reduce Futures Liquidation Risk Rate
For more info about Futures trading, please click HERE
CoinEx Team
Nov 9, 2022