Leverage Adjustment of ADA, DOGE Margin Pairs

In order to promote the healthy development of CoinEx’s business ecosystem, further realize the vision of “building a world-class encrypted digital asset trading platform” and give users a better trading experience, CoinEx will regularly conduct comprehensive reviews of the trading market within the platform.

After careful evaluation of the platform and the opinions of community users, CoinEx will adjust the leverage multiples of ADA and DOGE leveraged trading pairs. Details are as follows:

  • Leverage adjustment time: 16:00 on December 13, 2021 (UTC+8)
  • Liquidation risk rate adjustment time: December 16, 2021 at 11:00 (UTC+8)

Details of Adjustment

1. USDT Margin Markets

Margin Pairs Before After
ADA/USDTLeverage 10X 5X
ADA/USDTMax. Liquidation Risk Rate 104% 108%
DOGE/USDTLeverage 10X 5X
DOGE/USDTMax. Liquidation Risk Rate 104% 108%

2. BTC Margin Markets

Margin Pairs Before After
ADA/BTC Leverage 10X 5X
ADA/BTC Max. Liquidation Risk Rate 104% 108%
DOGE/BTC Leverage 10X 5X
DOGE/BTC Max. Liquidation Risk Rate 104% 108%

There are users who hold positions in the above leveraged trading pairs and the risk rate is less than 104%, please repay the currency or call the margin in advance.

If the operation is not completed before the liquidation risk rate adjustment time, the system will be at 11:00 on December 16, 2021 (UTC+8) All users who may be liquidated will automatically reduce their positions.

Leverage uses less funds to achieve the possibility of obtaining greater returns.

But if the wrong trading direction is judged, the loss will be magnified year-on-year.

Therefore, ordinary traders try to avoid heavy position trading with high leverage to prevent the occurrence of liquidation and liquidation.

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