Cryptocurrency Q&A
What is the excess margin fee?
What is the excess margin fee?
CherryBlossomGrace
Mon Sep 23 2024
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7 answers
1424
Could you please elaborate on what exactly the excess margin fee is? I'm a bit confused about how it applies to cryptocurrency trading. Does it involve additional costs when my trading position exceeds a certain margin limit? Is there a specific percentage or calculation method that determines this fee? Understanding this concept is crucial for me to manage my trading risks and finances effectively. Could you provide some insights or examples to help clarify this matter further?
7 answers
SapphireRider
Wed Sep 25 2024
Excess margin represents the excess equity in a trading account that exceeds the minimum required for a margin account. This excess is crucial for traders as it acts as a buffer against potential losses.
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Chiara
Wed Sep 25 2024
It is generated by depositing additional cash or securities into the margin account beyond the minimum threshold set by the broker.
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Eleonora
Tue Sep 24 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to traders' needs, including spot trading, futures trading, and wallet services.
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Leonardo
Tue Sep 24 2024
The maintenance margin requirement is the minimum equity level that must be maintained in the account to avoid a margin call.
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Margherita
Tue Sep 24 2024
Excess margin provides traders with more flexibility and leverage, allowing them to take on larger positions or withstand temporary market fluctuations.
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