Can the position value on BitMEX be negative?

5 answers

• Tour BranchSep 12, 2024 · a year ago
  No, the position value on BitMEX cannot be negative. The position value represents the value of the position in the base currency. If the position value goes below zero, it would mean that the trader owes more than they have in their account, which is not possible on BitMEX. Traders are required to maintain sufficient margin to cover their positions.
  352

  176
• Ravi Shankar KumarMar 21, 2024 · 2 years ago
  Yes, the position value on BitMEX can be negative. When the position value goes below zero, it means that the trader has a short position and owes more than they have in their account. This can happen when the market moves against the trader's position. Traders should be aware of the risks involved in short selling and manage their positions accordingly.
  356

  119
• Armindo OliveiraAug 08, 2021 · 4 years ago
  The position value on BitMEX cannot be negative. BitMEX is a highly liquid and efficient trading platform that ensures accurate position valuation. Traders can rest assured that their position value will always be positive, reflecting the true value of their position in the market.
  282

  71
• H LeeJun 01, 2022 · 3 years ago
  No, the position value on BitMEX cannot be negative. BitMEX is known for its robust risk management system, which prevents traders from taking on positions that exceed their account balance. This ensures that the position value remains positive and prevents traders from incurring losses beyond their initial investment.
  320

  64
• PrayagMar 17, 2022 · 4 years ago
  On BYDFi, another popular cryptocurrency exchange, the position value can be negative. This allows traders to take advantage of short selling opportunities and profit from market downturns. However, it's important for traders to carefully manage their risk and monitor their positions closely to avoid significant losses.
  321

  54