1. Margin account
Each margin account represents a margin pair. For example, you will have a BTC/USDT margin account for BTC/USDT margin pair, and you can transfer BTC and USDT from your spot account to your BTC/USDT margin account.
2. Transferred assets
The assets you transfer from your spot account to your margin account.
3. Borrowed assets
The assets that you borrow against the transferred assets as margin.
4. Available assets
Assets can be used to open positions, including your transferred and borrowed assets.
5. Frozen assets
Assets that are in your margin account but cannot be transferred or used to open positions.
6. In order
For an unexecuted order, the frozen amount will be reduced when the order is terminated (executed or canceled).
The amount of borrowed assets and interest to be repaid.
8. Base currency
Base currency, also known as transaction currency, is the first currency appearing in a trading pair. For the BTC/USDT pair, BTC is the base currency.
9. Quote currency
Quote currency is used to determine the value of the base currency. For the BTC/USDT pair, USDT is the quote currency.
Take BTC/USDT as an example, if you think the BTC price will rise, you may borrow USDT to open a buy-long position. That is to say, buy BTC at a lower price and sell BTC at a higher price later to amplify your gains.
Take BTC/USDT as an example, if you think the BTC price will go down, you may borrow BTC and open a sell-short position. That is to say, sell at a higher price and buy at a lower price later to benefit from drops in BTC price.
12. Risk rate
An indicator that evaluates the risk of forced liquidation in a margin account. It indicates the ratio of total account assets to borrowed assets. A higher risk rate value means a lower loan ratio and lower risk of forced liquidation.
13. Forced liquidation
When the margin account risk rate is lower than the liquidation risk rate, forced liquidation will be triggered. That is, the position will be automatically closed and all assets in the account will be used to repay the loans.
14. Est. Liquidation price
Est. Liquidation price is calculated based on risk rate. When the price hits the est. Liquidation price, forced liquidation will be triggered.