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Do funds on BitMEX stay idle if I don't take a long or short position?

avatarPaceDec 25, 2021 · 3 years ago7 answers

If I don't take a long or short position on BitMEX, what happens to my funds? Do they remain idle or are there any other activities they can be used for?

Do funds on BitMEX stay idle if I don't take a long or short position?

7 answers

  • avatarDec 25, 2021 · 3 years ago
    If you don't take a long or short position on BitMEX, your funds will not stay idle. BitMEX offers various options for your funds, such as allowing you to lend them out for margin trading or earn interest on them through their funding market. This means that your funds can be put to work even if you're not actively trading.
  • avatarDec 25, 2021 · 3 years ago
    No, your funds on BitMEX don't just sit there doing nothing if you don't take a long or short position. BitMEX provides opportunities for your funds to be utilized in other ways. For example, you can choose to lend your funds to other traders who need margin for their trades. This can earn you additional income without the need for active trading.
  • avatarDec 25, 2021 · 3 years ago
    When you don't take a long or short position on BitMEX, your funds can still be utilized through the platform's lending feature. By lending your funds to other traders, you can earn interest on them. This can be a passive way to generate income from your idle funds. However, it's important to carefully consider the risks and terms associated with lending before participating.
  • avatarDec 25, 2021 · 3 years ago
    Your funds on BitMEX don't have to stay idle if you don't take a long or short position. BitMEX offers a lending feature where you can lend your funds to other traders in exchange for interest. This allows you to earn passive income from your idle funds while helping other traders with their margin requirements.
  • avatarDec 25, 2021 · 3 years ago
    BitMEX provides options for your funds to be utilized even if you don't take a long or short position. One such option is the ability to lend your funds to other traders on the platform. By doing so, you can earn interest on your idle funds and potentially increase your overall returns.
  • avatarDec 25, 2021 · 3 years ago
    If you don't take a long or short position on BitMEX, your funds can still be put to work through the platform's lending feature. By lending your funds to other traders, you can earn interest and potentially increase your earnings without actively trading.
  • avatarDec 25, 2021 · 3 years ago
    On BitMEX, your funds don't remain idle if you don't take a long or short position. You have the option to lend your funds to other traders, allowing them to use your funds as margin for their trades. In return, you earn interest on your lent funds. This can be a passive way to make your idle funds work for you.