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Another coin to avoid!!! Funding fee every hour!!! $LSK
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What is liquidation price? 💡 In crypto futures trading, the liquidation price is the price at which your position is automatically closed by the exchange to prevent further losses. It depends on: Entry Price Leverage Collateral / Margin Maintenance Margin Requirements Example: If you open a $1,000 BTC long with 10× leverage, you’re only putting up $100 of your own margin. If BTC drops close to your liquidation price (set by the exchange), your position will be closed automatically, and you lose your margin. In the image you can see that liquidatio price is 0.0179 if I have set my stoploss below 0.0179 then I loose all my captial however, if you place your stop loss above 0.0179 then only a certain amount is lost and your capital is saved. 📊 Tip: Always check your liquidation price before entering a leveraged trade and leave a buffer to avoid forced liquidation. Use stop-losses above liquidation price to protect your capital. Free crypto here: Link 1 Link 2
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