Cryptocurrency Q&A
What happens if you get liquidated on Binance?
What happens if you get liquidated on Binance?
alexander_watson_astronaut
Sun Mar 02 2025
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5
answers
1339
I'm concerned about the consequences of getting liquidated on Binance. I want to know what would happen to my assets and trading account if I face liquidation due to margin trading on Binance.
5 answers
SsamziegangSerenadeMelody
Tue Mar 04 2025
When this happens, the exchange, such as Binance, is compelled to take action.
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BenjaminMoore
Tue Mar 04 2025
The action taken is the automatic closure of the trader's position.
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CryptoTrader
Tue Mar 04 2025
Liquidation is a process that takes place in the world of trading.
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InfinityEcho
Tue Mar 04 2025
This situation frequently arises in futures trading, where Leveraged trades are common.
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Chiara
Tue Mar 04 2025
It occurs specifically when a trader's margin balance drops below the mandatory maintenance margin level.
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