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What does Huobi Contract Collateral Asset mean?

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What does Huobi Contract Collateral Asset mean? According to Article 7 of the \”

What does Huobi Contract Collateral Asset mean?

What does Huobi Contract Collateral Asset mean? According to Article 7 of the “Huobi Trading Platform Margin Rules,” users can choose to engage in risk-free long and short dual-position holdings on the platform, or earn floating profits and losses by locking assets. When the market fluctuates significantly (such as the BTC price falling below $33,000), users’ principal may be forcibly liquidated or settled, potentially affecting their leverage ratio and capital utilization, resulting in losses.

In general, if users do not have long positions, they can use leverage as collateral for settlement. In this case, their leverage ratio becomes their position. However, the leverage ratio cannot be set to 0; a certain proportion needs to be maintained to use other digital currencies as collateral.

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