We all waited and waited for this: Bitmex leads to a new function – Multi Asset Margining.
With the appearance of this function, users will now be able to use many currencies – USDT, USDC, ETH or BTC (XBT) – to trade any contracts derived from our basic system.
What is the benefit of merchants? A simple and comfortable trade. There is no dull transfer of assets or money transfer between portfolios or different types of accounts. Just prepare a currency deposit for your choice and start trading. We will make sure that your money is used as efficiently as possible*.
*Depending on the traded contracts and the margins used, we can apply a small “haircut” (shaving) to ensure the possibility of converting the necessary assets.
We talk below more about the new job and how it works.
For those who have not yet been registered on the Bitmex platform, there is a procedure for new users: registration By link And get up to 10,000 BMEX.
What is a multi -active marginal system system (multi -asset assets)?
Multi Asset Margining is a function that allows traders to use different currencies from the estimated currency to the contract to publishing orders on Bitmex.
Archirus can use USDT, USDC, ETH or XBT as marginal currencies to trade any contracts derived from our basic system. Good news: The currency list will expand.
And the most important thing? Unlike most stock exchanges, Bitmex users do not need to transfer money between many portfolios (for example, between financing, futures, local accounts, etc.) to accommodate requests and trade.
Simply create a bid farewell to your Bitmex account, select the nodes and click the “Trade” button.
An example of the use of multi -active marginal support:
Let’s say that the trader wants to trade a contract XBTUSD. He wants to use Usdt to finance his treatment. He decided to enter 500 USDT into his Bitmex account.
Previously, Trader A will need to convert his USDT in XBT (given that XBTUSD is a contract with accounts in XBT) to open a site on XBTUSD.
With a multi -active marginal support function, a trader A no longer needs to convert USDT in XBT: When you open your XBTUSD position, the trader balance is applied in the amount of 500 USDT automatically as a margin.
How to enable multi -active marginal support function:
- Go to the shape of the demand for the left side of your interface.
- Click on the “One -Activist” button in the upper left corner of the arrest command plate.
- In the window that opens, select the multiple assets.
- Next, you will see that the “Asset” button has changed to “multi -active”.
Any account with the job on multi -active marginal support will also display the following notification on the “Governor” page, as shown below.
Please note that multi -active marginal support is compatible with most of the functions on Bitmex, but it has not yet supported the margin and isolated situations in the prediction markets). If the situations with isolated margins are open to the account, it will be possible to run the multi -active margin support only after closing these situations.
How does multi -active marginal support work?
Multimedia supporting support is available on bitmex through a web version and mobile application. Please note that users who want to use this function in the BitMex mobile version need to update the application to version 2.5.5.
When a multi -active marginal support function is included, marginal balances are taken into account in a number of currencies as part of the general marginal balance of the account. Then each currency of this balance is used to ensure the border requirements of all open situations on the derivative contracts that are calculated in the USDT or XBT.
Monitor the marginal balance
Our multi -phase marginal support system is designed to distribute the user’s margin as efficiently as possible according to the requirements of parking. However, it is important that the user constantly monitor and control the margin balance at the account level in order to avoid liquidation.
To do this, go to the page wallet. Click on the left on Using margin. Here the number of margins that you have left for trading contracts, the margin will be displayed according to the respect in XBT or USDT, after submission “Haircut» (Hair shaving). It is important to understand that if the marginal balance of the account becomes negative, all situations will be eliminated.
Communication and financing payments
Through the function of increasing the function of the multi -cell supporting support, any negative commissions or Fend (financing payments) mainly from the balance of the portfolio in the corresponding currency. If this balance becomes negative, Bitmex turns part of the margin balance in other currencies to cover the deficit.
On the other hand, it is credited with any positive commissions and the tune of cooperation in the portfolio balance in the corresponding of the corresponding contract. For example, if you receive a commission and funding payments under a contract XBTUSDIt will be registered in XBT (account currency).
P/L (profit/loss) was implemented
It is attributed to any profit from the treatment your wallet with a specific contract account currency after the closure of the situation. For example, if you receive a $ 500 profit during the XBTUSD trade, this profit will be added to XBT (account currency), regardless of the currency used as a margin when opening the situation.
Any losses that are implemented from your wallet balance are removed in the corresponding currency – similar to how to process commissions and Fanding. If the balance becomes negative, Bitmex will convert a portion of the red balance in other currencies to cover the deficit.
For full information on how to make multi -phase margins on the Bitmex image, go to the questions that are asked frequently (common questions) This link.
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If you have questions – please contact the support service.
