MultiversX Tracker is Live!

Question regarding Margin Trading

Binance

Cryptocoins Exchanges / Binance 48 Views

I have 50k SLP, I borrowed USDT worth 2800$ when SLP value was up. Now SLP value went down significantly and the USDT I borrowed (still untouched) has value over 4 times greater than my current funds.

What'll happen if I use all that USDT to buy more SLP now? Will I get liquidated?

Also, is there a chance I get liquidated even if my USDT is untouched but still on borrow? Thanks

submitted by /u/jeande21
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments