In the crypto market, if a margin call is issued and the traders are unable to bring their investment up to the minimum requirements, the positions will be sold off. That is to say, forced liquidation will occur when the margin is not enough and failed to be supplemented.
On Bitwells, when your account margin level is equal to or lower than 30%, your positions will be liquidated automatically. The balance in your wallet will not be included in the position margin and will be no loss.
A Margin call notification (email, in-app message, mobile notification, etc.) will be triggered when you are in danger of having some of your positions forcibly closed (or “liquidated”).
1. Margin Call notifications on Bitwells are sent by email but are not always guaranteed due to the changeable market. As such, it is important to proactively monitor your margin level.
2. Margin level=(Net worth/Margin used)*100%