Is there a minimum balance requirement for shorting on BitMEX?

3 answers

• Mar 06, 2022 · 3 years ago
  Yes, there is a minimum balance requirement for shorting on BitMEX. In order to short on BitMEX, you need to have a minimum balance of 0.01 BTC in your account. This requirement ensures that you have enough funds to cover any potential losses.
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• Mar 06, 2022 · 3 years ago
  No, there is no minimum balance requirement for shorting on BitMEX. You can start shorting with any amount of funds in your account. However, it's important to note that shorting involves significant risks, and it's recommended to have a sufficient balance to manage potential losses.
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• Mar 06, 2022 · 3 years ago
  According to BYDFi, a digital currency exchange, there is no specific minimum balance requirement for shorting on BitMEX. However, it's important to have enough funds to cover any potential losses. Shorting can be a risky strategy, so it's advisable to carefully consider your risk tolerance and trade with caution.
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