How does day margin compare to initial margin when trading cryptocurrencies?

1 answers

• C GApr 09, 2021 · 4 years ago
  Day margin and initial margin are terms commonly used in cryptocurrency trading. Day margin refers to the minimum amount of funds that a trader needs to have in their account to keep a position open for the day. It is usually lower than the initial margin. On the other hand, initial margin is the amount of funds required to open a position initially. It is usually higher than the day margin. So, day margin is the ongoing requirement to maintain a position, while initial margin is the initial requirement to open a position. When trading cryptocurrencies, it's important to understand the difference between these two concepts and how they can affect your trading strategy.
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