-
Bitcoin
$84,397.6203
-0.10% -
Ethereum
$1,926.7310
-0.27% -
Tether USDt
$1.0000
0.00% -
XRP
$2.3849
-3.24% -
BNB
$608.0677
2.22% -
Solana
$135.2401
0.25% -
USDC
$0.9999
-0.01% -
Cardano
$0.7417
-1.54% -
Dogecoin
$0.1752
0.26% -
TRON
$0.2202
-1.14% -
Pi
$1.4959
3.68% -
Chainlink
$14.0716
-0.93% -
UNUS SED LEO
$9.8023
-0.16% -
Toncoin
$3.4413
15.53% -
Stellar
$0.2745
-2.50% -
Avalanche
$19.7128
4.85% -
Hedera
$0.1929
-1.47% -
Shiba Inu
$0.0...01288
0.45% -
Sui
$2.3392
-2.65% -
Litecoin
$92.3763
0.10% -
Polkadot
$4.3394
1.22% -
Bitcoin Cash
$338.8495
1.08% -
MANTRA
$6.5235
2.79% -
Ethena USDe
$0.9997
-0.04% -
Dai
$1.0001
0.00% -
Bitget Token
$4.4531
0.39% -
Hyperliquid
$13.9032
-4.06% -
Monero
$212.2515
0.31% -
Uniswap
$6.2444
1.23% -
Aptos
$5.3393
0.62%
How to return coins using Poloniex cross margin leverage?
Traders can return borrowed coins in Poloniex cross margin trading by closing their positions, repaying the coins and interest, updating their margin call, and withdrawing their remaining balance.
Nov 25, 2024 at 10:43 pm

How to Return Coins Using Poloniex Cross Margin Leverage
Cross margin trading on Poloniex allows traders to use their entire account balance as collateral, enabling them to open larger positions with potentially higher returns. However, this also comes with increased risk, as losses can exceed the initial investment.
If you have opened a cross margin position and wish to return the borrowed coins, follow these steps:
1. Close Your Margin Position
- Navigate to the "Margin Trading" page on Poloniex.
- Select the "Cross Margin" tab.
- Find the open position you wish to close and click "Close."
- Confirm the close order to execute it.
2. Repay the Borrowed Coins
- After closing your position, you will need to repay the borrowed coins that were used to fund the trade.
- This can be done by depositing the same amount of coins into your Poloniex account.
- For example, if you borrowed 1 BTC to open a position, you would need to deposit 1 BTC into your account to repay the loan.
3. Pay Back the Interest
- In addition to repaying the borrowed coins, you will also need to pay back the interest that accrued during the time you held the position.
- The interest rate for cross margin trading is dynamic and may vary depending on market conditions.
- You can check the current interest rate on the "Margin Trading" page under the "Cross Margin" tab.
4. Update Your Margin Call
- If you are in a margin call, you will need to update it to reflect the fact that you have returned the borrowed coins and paid back the interest.
- This can be done by clicking "Update Margin Call" on the "Margin Trading" page.
5. Withdraw Your Coins
- Once you have closed your position, repaid the borrowed coins, and paid back the interest, you will be able to withdraw the remaining balance in your account.
- To do this, go to the "Withdraw Funds" page on Poloniex and select the coin you wish to withdraw.
- Enter the amount you wish to withdraw and click "Withdraw."
Additional Considerations:
- If you do not repay the borrowed coins and interest on time, Poloniex may liquidate your position to cover the losses.
- The liquidation price for a cross margin position is the point at which it will be automatically closed and your assets sold to repay the loan.
- You can monitor your liquidation price and adjust your margin accordingly to reduce the risk of liquidation.
- Please refer to Poloniex's official documentation for more detailed instructions and information on cross margin trading.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Sleep Token are back with Even In Arcadia, their fourth album and first under RCA Records, set for release on May 9.
- 2025-03-16 13:05:55
- Social Security Payment Schedule for March 2025
- 2025-03-16 12:55:55
- Solana Governance Has To Prioritize Speed And Incisiveness
- 2025-03-16 12:45:55
- Why Is Qubetics Gaining Attention in 2025?
- 2025-03-16 12:45:55
- The 3 Best Cryptos to Buy in 2025: Qubetics (TICS), Cosmos (ATOM), and Ondo (ONDO)
- 2025-03-16 12:45:55
- The creation of a “Strategic Bitcoin Reserve”
- 2025-03-16 12:45:55
Related knowledge

What is the appeal process for a Coinbase account that was mistakenly blocked?
Mar 16,2025 at 12:40pm
Key Points:Coinbase's account blocking process is automated, often triggered by suspicious activity flagged by their security systems.Appealing a blocked Coinbase account requires careful documentation and a clear explanation of the situation.The appeal process involves submitting a support ticket through Coinbase's help center, providing specific infor...

What are the reasons why Coinbase cannot buy cryptocurrency?
Mar 16,2025 at 12:06pm
Key Points:Coinbase's inability to purchase cryptocurrency can stem from various user-side issues, including account restrictions, payment method problems, and insufficient funds.Technical glitches on Coinbase's platform, regional restrictions, and regulatory compliance measures can also prevent users from buying crypto.Understanding the specific reason...

What should I do if I cannot bind a bank card to my Coinbase account?
Mar 16,2025 at 12:55pm
Key Points:Coinbase's bank card binding process involves several steps and may be impacted by various factors.Troubleshooting involves verifying card details, checking Coinbase's supported banks and regions, and considering alternative payment methods.Contacting Coinbase support directly is crucial if initial troubleshooting fails.Understanding the reas...

How do domestic users trade OTC on OKX?
Mar 15,2025 at 05:21am
Key Points:OKX's OTC (Over-the-Counter) trading service facilitates peer-to-peer cryptocurrency transactions, bypassing traditional exchanges.Domestic users face challenges due to regulatory restrictions in various countries. OKX's OTC service might not be fully accessible or legal depending on your specific location.The process involves finding a selle...

How do domestic users use the DApp browser on OKX?
Mar 16,2025 at 05:25am
Key Points:OKX doesn't directly offer a dedicated DApp browser in the traditional sense. Instead, it integrates DApp access through its existing platform.Users primarily interact with DApps through links provided by OKX or by connecting their OKX wallet to supported DApps directly.Security is paramount when using DApps, so understanding the risks and ve...

How do domestic users view transaction history on OKX?
Mar 15,2025 at 06:51am
Key Points:OKX provides a detailed transaction history accessible through its website and mobile app.Accessing the history requires logging into your verified OKX account.The transaction history displays various details, including timestamps, asset pairs, amounts, and fees.Users can filter and search their transaction history for specific trades.Downloa...

What is the appeal process for a Coinbase account that was mistakenly blocked?
Mar 16,2025 at 12:40pm
Key Points:Coinbase's account blocking process is automated, often triggered by suspicious activity flagged by their security systems.Appealing a blocked Coinbase account requires careful documentation and a clear explanation of the situation.The appeal process involves submitting a support ticket through Coinbase's help center, providing specific infor...

What are the reasons why Coinbase cannot buy cryptocurrency?
Mar 16,2025 at 12:06pm
Key Points:Coinbase's inability to purchase cryptocurrency can stem from various user-side issues, including account restrictions, payment method problems, and insufficient funds.Technical glitches on Coinbase's platform, regional restrictions, and regulatory compliance measures can also prevent users from buying crypto.Understanding the specific reason...

What should I do if I cannot bind a bank card to my Coinbase account?
Mar 16,2025 at 12:55pm
Key Points:Coinbase's bank card binding process involves several steps and may be impacted by various factors.Troubleshooting involves verifying card details, checking Coinbase's supported banks and regions, and considering alternative payment methods.Contacting Coinbase support directly is crucial if initial troubleshooting fails.Understanding the reas...

How do domestic users trade OTC on OKX?
Mar 15,2025 at 05:21am
Key Points:OKX's OTC (Over-the-Counter) trading service facilitates peer-to-peer cryptocurrency transactions, bypassing traditional exchanges.Domestic users face challenges due to regulatory restrictions in various countries. OKX's OTC service might not be fully accessible or legal depending on your specific location.The process involves finding a selle...

How do domestic users use the DApp browser on OKX?
Mar 16,2025 at 05:25am
Key Points:OKX doesn't directly offer a dedicated DApp browser in the traditional sense. Instead, it integrates DApp access through its existing platform.Users primarily interact with DApps through links provided by OKX or by connecting their OKX wallet to supported DApps directly.Security is paramount when using DApps, so understanding the risks and ve...

How do domestic users view transaction history on OKX?
Mar 15,2025 at 06:51am
Key Points:OKX provides a detailed transaction history accessible through its website and mobile app.Accessing the history requires logging into your verified OKX account.The transaction history displays various details, including timestamps, asset pairs, amounts, and fees.Users can filter and search their transaction history for specific trades.Downloa...
See all articles
