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What Is the Minimum Balance Requirement?

  • Updated

Minimum collateral balance refers to the Wallet Balance in your BitMEX account.

You must hold 30% of the collateral value before BitMEX proceeds to drawdown to prevent potentially being in margin call immediately.

After your Margin+ is activated, your Minimum Balance must remain above 125% of the collateral value to avoid a Margin Call.

Liquidation will occur if one of the following scenarios happens:

  • You are in margin call for more than 12 hours.
  • Your Minimum Balance drops below 110% of the collateral value.

 

How do the balance thresholds work in practice?

Consider a Margin+ of 10,000 Tether (USDT) as an example:

  • To proceed to drawdown: you need a minimum of 3,000 USDT (or XBT equivalent) in your wallet.
  • To avoid Margin Call: you need a minimum of 12,500 USDT (or XBT equivalent) in your wallet.

To avoid liquidation: you need a minimum of 11,000 USDT (or XBT equivalent) in your wallet.

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