"Zero-based Contract" is a series of perpetual contract series popular sciences of Bitget. It provides multi-dimensional guides for contract users through graphic tutorials, comics, videos, etc. so that zero-based users can easily get started.
[Zero-based Contract] 011 : Position gear system
1.This tiered Maintenance Margin Ratio system
The tiered Maintenance Margin Ratio system is adopted to avoid the liquidation of large positions, causing big impact on market liquidity. Basically, the larger the positions held, the higher Maintenance Margin Ratio will be required, and the lower the Leverage will be available.
Under Fixed Margin Mode, the Number of Swaps, Tier, and the Maintenance Margin Ratio are calculated based on the specific position.
2.Maintenance Margin Ratio
Maintenance Margin Ratio is the lowest required Margin Ratio for a user to maintain the current open position(s). When the Margin Ratio of the account is lower than the Maintenance Margin Ratio, the position will be liquidated.
Fixed Margin Mode: Margin Ratio = (Fixed Margin + UPL) / Position Value
Position Value = Face Value x Number of Swaps / Latest Mark Price
You can find out the Position gear introduction in the trading zone or checking it by the link:https://www.bitget.cc/en/contract/positiongear?code=cmt_btcusdt
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