How can I calculate the liquidation price for my Bitcoin holdings?
Mauro VargasMay 19, 2022 · 4 years ago1 answers
I have some Bitcoin and I want to know how to calculate the liquidation price. Can you explain the process to me?
1 answers
- mtcarpenterJan 01, 2024 · 2 years agoAt BYDFi, we provide a liquidation price calculator on our platform. Simply input your entry price and margin requirement, and the calculator will give you the liquidation price. It's a convenient tool to help you manage your risk and make informed trading decisions. Remember to always consider your risk tolerance and use proper risk management strategies when trading Bitcoin or any other cryptocurrency.
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