Can you provide step-by-step instructions on how to calculate liquidation price with 10x leverage on Bitmex?

1 answers

• Dec 17, 2021 · 3 years ago
  Sure, I can help you with that. Here's a step-by-step guide to calculate the liquidation price with 10x leverage on Bitmex: 1. Determine the initial margin requirement for the position. 2. Divide the entry price by (1 - (initial margin / leverage)). 3. The resulting value will be your liquidation price. It's important to note that the liquidation price is the price at which your position will be automatically closed if the market moves against you. Make sure to monitor it closely to manage your risk effectively. If you have any more questions, feel free to ask.
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