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Questions tagged [liquidated on binance]

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QuasarGlider QuasarGlider Fri Jan 03 2025 | 6 answers 1367

What happens when you get liquidated on Binance?

I want to know what consequences I will face if I get liquidated while trading on Binance. Will I lose all my funds? Will there be any penalties or restrictions? How does the liquidation process work on Binance?

What happens when you get liquidated on Binance?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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