This comprehensive guide covers the fundamental trading rules and account structures used in modern cryptocurrency exchanges. Whether you're a beginner or an experienced trader, understanding these core principles will help you navigate various trading modes effectively.
Unified Trading Account Overview
The Unified Account system simplifies cryptocurrency trading by combining multiple account types into a single interface. This innovative approach allows seamless transitions between different trading products while maintaining risk management protocols.
👉 Learn more about Unified Account advantages
Key Features:
- Single login for all trading products
- Consolidated asset management
- Cross-product margin sharing capabilities
Spot Trading Account Rules
Spot accounts enable direct cryptocurrency purchases and sales at current market prices. The simple mode provides an intuitive interface for newcomers while offering advanced charting tools for experienced traders.
Trading Parameters:
- Minimum order sizes vary by trading pair
- Market and limit order types available
- Maker/taker fee structure applies
Futures Account: Cross Margin Trading
Cross margin trading in futures accounts allows position maintenance through shared collateral across positions. This method maximizes capital efficiency but requires careful risk management.
👉 Master cross margin futures trading
Core Regulations:
- Position liquidation occurs when margin ratio falls below requirements
- Auto-deleveraging protection mechanisms in place
- Funding rate calculations every 8 hours
Multi-Currency Margin Accounts
Cross-currency margin accounts revolutionize trading by allowing multiple cryptocurrencies to serve as collateral simultaneously. This system dramatically improves capital efficiency for diversified portfolios.
Collateral Settings:
- Dynamic collateral factors per asset
- Real-time liquidation risk monitoring
- Automatic collateral optimization
Comparison: Futures vs. Multi-Currency Modes
Understanding the differences between these advanced trading modes helps traders select the optimal strategy:
| Feature | Futures Mode | Multi-Currency Mode |
|---|---|---|
| Collateral | Single currency | Multiple currencies |
| Position Types | Linear/inverse | Unified positions |
| Margin Efficiency | Standard | Enhanced |
Isolated Margin Trading Rules
Isolated margin provides precise risk control by allocating specific collateral to individual positions. This method prevents position liquidations from affecting other trades.
Key Aspects:
- Position-specific margin requirements
- Separate liquidation prices per position
- Ideal for high-risk strategies
Automated Currency Conversion
The platform's auto-conversion system ensures seamless trading across currency pairs by automatically exchanging assets when necessary.
Conversion Rules:
- Priority given to available balances
- Transparent fee structure
- Real-time rate application
Order Types Breakdown
Modern trading platforms offer diverse order types to accommodate various strategies:
Basic Order Types:
- Market orders - instant execution
- Limit orders - price-specific execution
- Stop-loss orders - risk management
Advanced Strategy Orders:
- TWAP (Time Weighted Average Price)
- Iceberg orders
- Trailing stops
FAQs: Trading Rules Explained
Q: What's the advantage of Unified Accounts?
A: Unified Accounts provide streamlined access to all trading products with shared collateral, reducing capital requirements.
Q: How does cross margin differ from isolated margin?
A: Cross margin shares collateral across positions while isolated margin contains risk to specific trades.
Q: Can I use multiple cryptocurrencies as collateral?
A: Yes, in multi-currency margin mode you can pledge various assets simultaneously.
Q: What happens during auto-conversion?
A: The system automatically exchanges assets at current market rates to fulfill orders when direct pairs aren't available.
Q: How are liquidation prices determined?
A: Liquidation prices depend on collateral value, position size, and current market conditions using real-time calculations.
Q: What order types support algorithmic trading?
A: Advanced orders like TWAP and iceberg facilitate sophisticated algorithmic strategies with partial order fulfillment.