Basically, if HBAR goes down 18% from your buying price and your net loss reaches 900 USDT, Binance will automatically sell them for you and you will be left with 100 USDT in your margin wallet. (I mean investment) goes really bad, your position will be liquidated when you lose 90% of your initial capital. You can find the current interest rates that Binance charges you, if you do some searching at their website.Į) If your bet. So, if HBAR goes down 10%, your HBAR will be worth 4,500 USDT, so you will make 500 USDT net loss if you sell and close your margin position.ĭ) In the mean time, while your HBAR position remains open, you will be charged interest for the 4,000 USDT that you have loaned to buy the extra HBAR. If HBAR goes down instead, you will lose 5x times the amount corresponding to your initial capital of 1,000 USDT. This means that your HBAR is now worth 5,500 USDT, so you will make 500 USDT net profit, if you sell and close your margin position. Let's assume that HBAR went up 10% since you bought. Let's assume that you do buy 5,000 USDT worth of HBAR.Ĭ) If HBAR goes up, you will practically win 5x the amount that your 1,000 USDT capital would normally have won you, since you bought HBAR worth 5,000 USDT. Although you really only have 1,000 USDT available to buy HBAR, Binance will allow you to "buy" HBAR worth up to 5,000 USDT. Ripple operates on an open-source peer-to-peer. XRP/USDT - Binance Monitor XRP Trading Activity, Live Order Book, Price and Manage Alerts Navigation XRP-USDT - Price 0.46300000 XRPUSDT - Binance LIVE TRADE UPDATES 24 Hour Trades BOUGHT: SOLD. Ripple is a digital payment or a remittance network created in order to establish an instant transfer of funds across the globe. Ripple (XRP) is down -0.68 in the last 24 hours. eh, I mean invest.ī) You buy HBAR through margin trading. The Ripple price today is 0.472450 USD with a 24 hour trading volume of 705.29M USD. This means that Binance will hold this capital as collateral for you to gamble. To explain in simple terms, here's an example:Ī) You have an initial capital of 1000 USDT, that you decide to move to your margin wallet. Basically, you can margin trade your capital with x3, x5, or x10 multiplier.
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