Dear CoinEx users,
In order to enhance the risk management of CoinEx perpetual market, we will implement the following adjustment to the position level of MASKUSDT perpetual contract and the details are as follows.
Adjustment Time
To be activated at 7:00 Sep 01, 2023 (UTC)
Adjust Market
MASKUSDT
Adjustment of Position Level of MASKUSDT
|
Before |
After Adjustment |
||||||
|
Position Level(MASK) |
Maintenance Margin Rate |
Min. Initial Margin |
Max. Leverage |
Position Level(MASK) |
Maintenance Margin Rate |
Min. Initial Margin |
Max. Leverage |
|
0-500 |
1.0% |
2.00% |
50 |
0-2,000 |
1.0% |
2.00% |
50 |
|
501-1000 |
2.0% |
5.00% |
20 |
2,001-5,000 |
2.0% |
5.00% |
20 |
|
1,001-2,000 |
3.0% |
6.66% |
15 |
5001-10,000 |
3.0% |
6.66% |
15 |
|
2,001-5,000 |
4.0% |
10.00% |
10 |
10,001-20,000 |
4.0% |
10.00% |
10 |
|
5001-10,000 |
5.0% |
20.00% |
5 |
20,001-50,000 |
5.0% |
20.00% |
5 |
Risk Reminder
1. About Maintenance Margin Rate
(1) The positions opened BEFORE the adjustment time still applies to the PREVIOUS rules of maintenance margin rate.
(2) The positions opened, reduced, or closed AFTER the adjustment time will apply to the NEW rules of maintenance margin rate.
(3) Please evaluate your margin balance in Futures account based on the current market fluctuations, and conduct risk control by canceling orders, repaying assets, etc. in advance.
How to reduce the liquidation rate on futures contract?
For more info about Futures Contract, please click HERE.
CoinEx Team
Aug 28, 2023