What is the minimum margin requirement for trading on GDAX?
Anup PandeyDec 27, 2021 · 3 years ago3 answers
Can you please explain what the minimum margin requirement is for trading on GDAX? I'm new to trading and would like to understand how much margin I need to have in my account to start trading on GDAX.
3 answers
- Dec 27, 2021 · 3 years agoThe minimum margin requirement for trading on GDAX is 10%. This means that you need to have at least 10% of the total value of the trade in your account as margin. For example, if you want to trade $1000 worth of Bitcoin, you would need to have at least $100 in your account as margin. It's important to note that the margin requirement may vary for different cryptocurrencies and trading pairs on GDAX.
- Dec 27, 2021 · 3 years agoGDAX has a minimum margin requirement of 10%. This means that you need to have at least 10% of the total value of the trade in your account as margin. So if you want to trade $1000 worth of Bitcoin, you would need to have at least $100 in your account as margin. Keep in mind that the margin requirement may change depending on market conditions and GDAX's policies.
- Dec 27, 2021 · 3 years agoThe minimum margin requirement for trading on GDAX is 10%. This means that you need to have at least 10% of the total value of the trade in your account as margin. GDAX has set this requirement to ensure that traders have enough funds to cover potential losses and maintain the stability of the platform. It's important to always have enough margin in your account to avoid liquidation and protect your positions.
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