BitMake Liquidation Instructions
The risk of forced liquidation in BitMake contracts is primarily determined by the Risk Ratio.
Risk Ratio = Margin Ratio / Maintenance Margin Rate * 100%.
Margin Ratio: Total Account Margin / (Borrowed Value + Position Value)
Maintenance Margin Rate [MMR]: The minimum margin required to avoid forced liquidation, which is the average ratio of the Position Maintenance Margin Rate weighted by the nominal value of the positions.
If the Risk Ratio exceeds 100%, i.e. the Margin Ratio is less than the Maintenance Margin Rate, the account will trigger the forced liquidation mechanism and the assets and positions will be taken over by the system.
How can I determine the risk of forced liquidation in my account?
You can assess the current risk ratio by checking the Contract Holdings page on the official website or the Contract Holdings or Orders page in the app.
1) Liquidation depend on a variety of factors, including the price performance of the Futures, the currency used for margin, and other factors.
2)This article is not investment advice.
3) To reduce the risk of a Liquidation, use appropriate leverage or have sufficient assets for margin.
4) Margin can be deployed by creating and using sub-accounts to use segregated margin.