Copy margin in FTX smoothly

Aug 6th, 2022
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How to Copy margin in FTX

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i started recording and ill be sharing my screen right away okay can you see my screen yes you can see your screen my voice my screen is clear right [Music] hey what cant i see okay im trying to go through the the outline so that i dont miss anything we talked about futures and perpetuals all right like try to explain mr is this showing noun no do not showing no okay hold on it will show now what are you seeing yeah yeah i can see you know youve seen ftx none right are you seeing the ftx interface so we talked about we talked about we talked about futures and perpetuals please mute your mics we talked about futures and perpetuals and then we try to explain the difference i guess the difference is clear down the two of them are actually very similar okay but we have very subtle difference in the sense that futures are designed to expire whereas perpetuals are not designed to expire they are there infinitely when you trade a btc pep when you are on a btc pep trade you are actually n

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CharacteristicNet worth loss in billion U.S. dollarsSam Bankman-Fried (FTX)23Brian Armstrong (Coinbase)4.7Gary Wang (FTX)1.7Chris Larsen (Ripple)1.31 more row 12 Jan 2023
Margin trading on FTX US is only available to users with at least $100,000 or equivalent assets in their account. Qualified users can trade with up to 10x leverage on the spot markets. If the value of your margin or collateral falls below 5% of your leveraged position, itll trigger a liquidation, so beware.
The US Commodities Futures Trading Commission has estimated missing customer funds at more than $8bn. Dietderich said the $5bn recovered does not include assets seized by the Securities Commission of the Bahamas, where FTX had its headquarters and Bankman-Fried lived.
From Tom Brady to Kevin OLeary See Who Lost Big in the Wake of the FTX Crypto Collapse. The crash exposed an $8 billion hole in FTXs accounts, leaving investors and customers scrambling to recoup their funds.
When you open a margin position, youre extended funds to cover the entire value of your trade. So, if you have $10 as collateral and buy Bitcoin worth $50, youd be borrowing additional $40 (position would be $50 in BTC and -$40 USD).
In addition to any lasting reputational damage, Brady and his supermodel ex-wife, Gisele Bndchen, have likely lost most or all of the sizable financial stake they had in FTX.
Margin trading is one where you essentially take a loan to take a trade and pay interest on the loan. Futures trading is one where you trade using futures contracts by simply paying a deposit. There is no time duration on a margin trade you can hold it as long as you want to stay in the trade.
FTX Bankruptcy Hearing Shows Tom Brady, Ex-Wifes Stake Loss Could Be $70M. Tom Brady and Giselle Bundchen might be out $70 million. Thats what their stakes in cryptocurrency exchange FTX were worth before the crypto platforms stunning collapse late last year.

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