Announcements

Margin Requirements for Crypto pairs to be updated on January 12th, 2021

Due to significant appreciation of Bitcoin and the crypto currencies, the recent extreme market volatility, and in order to protect traders from elevated risks associated with high leverage on volatile markets, PrimeXBT will be adjusting margin requirements for the following instruments: BTC/USD, ETH/USD, ETH/BTC, LTC/USD, LTC/BTC, EOS/USD, EOS/BTC.

The new requirements will come into effect on Thursday, January 12th, 2021 at 20:00 UTC.

For the updated margin requirements for Crypto instruments please refer to the table below.

Please note that if you have open positions when the new requirements take effect and the margin becomes insufficient according to them, the positions may be liquidated

Take this into account and ensure your margin Trading or Covesting Strategy account has sufficient margin when the new margin requirements take effect: deposit more funds to the account or reduce market exposure by partially closing positions to avoid position liquidation due to insufficient margin.

For more information about current margin requirements please visit Fees and Conditions schedule.

New margin requirements for regular Trading accounts:

BTC/USD:

From

To

Margin required

Leverage

0

20

1%

1:100

20

30

2%

1:50

30

40

5%

1:20

40

50

10%

1:10

50

>

20%

1:5

ETH/USD, ETH/BTC:

From

To

Margin required

Leverage

0

10

1%

1:100

10

50

2%

1:50

50

100

5%

1:20

100

150

10%

1:10

150

200

20%

1:5

200

>

30%

1:3⅓

LTC/USD, LTC/BTC:

From

To

Margin required

Leverage

0

100

2%

1:50

100

200

25%

1:4

200

>

50%

1:2

EOS/USD, EOS/BTC:

From

To

Margin required

Leverage

0

500

2%

1:50

500

2,500

25%

1:4

2,500

>

50%

1:2

New margin requirements for Covesting Strategy accounts:

BTC/USD:

From

To

Margin required

Leverage

0

30

2%

1:50

30

40

5%

1:20

40

50

10%

1:10

50

>

20%

1:5

ETH/USD, ETH/BTC:

From

To

Margin required

Leverage

0

50

2%

1:50

50

100

5%

1:20

100

150

10%

1:10

150

200

20%

1:5

200

>

30%

1:3⅓

EOS/USD, EOS/BTC:

From

To

Margin required

Leverage

0

500

2%

1:50

500

2,500

25%

1:4

2,500

>

50%

1:2