1. When the margin level of the isolated margin account is greater than 200%, you can transfer out part of the account balance in advance.
Max Transferable Base Currency = min{Account Base Currency Amount, [Account Total Assets Value (Including Frozen Assets) - Borrowed Assets Value x 2] / Last Price of Base Currency}
Max Transferable USDT = min{Account USDT Amount, [Account Total Assets Value (Including Frozen Assets) - Borrowed Assets Value x 2]}
Account Total Assets Value (Including Frozen Assets) = Account Base Currency Amount x Last Price of Base Currency x Margin Adjustment Factor of the Base Currency + Account USDT Amount x Margin Adjustment Factor of USDT
More about Margin Adjustment Factor, please go to the Loan Information page.
Note: The actual transferrable assets could be different from the calculated in extreme market conditions or in some particular markets. The actual transferable assets displayed shall prevail.
2. The maximum amount of a margin loan, or maximum borrowable, is determined by the leverage. Currently Gate.io offers leverages from 3x-10x in margin trading. Say the leverage is 3x and you have 100 BTC in your isolated margin account as margin, you can borrow up to 200 BTC.
Maximum Borrowable = (Total Assets - Borrowed Assets) * (Leverage - 1)- Borrowed Assets
3. After the upgrade, there will be no fixed loan term. The system will automatically deduct the interest accrued each hour based on the updated hourly interest rate. Users can repay their loans anytime.
4. The interest will be calculated and deducted based on the actual loan amount at every hour on the hour. If you have repaid your loan before the hourly settlement and you have no loan on the hour, there will be no interest deduction. For example, user A borrowed 100 USDT at 8:10, and repaid it at 8:50, and the loan amount at the hourly settlement at 9:00 is 0. In this case, no interest will be charged.
Interest calculation formula:
Daily Borrowing Rate (Floating) = Hourly Lending Rate * 24 + (Hourly Lending Rate * 24 * Service Fee Rate). The hourly lending rate is the execution interest rate updated each hour in Lend & Earn. The service fee rate is 18% of the hourly lending rate; if you are a user with VIP tier higher than zero, you will enjoy a discount off. Go to the Fee page and Borrowing Rate page for more details.
5. When users conduct margin trading, Gate.io offers services which monitor your isolated margin account and manage risks.
6. When the margin level of your isolated margin account is lower than certain thresholds, Gate.io will warn you with emails, direct messages, or APP push notifications. The thresholds vary from pair to pair. At present, 3x to 5x leveraged trades will be warned of risk management when the margin level goes below 130%. For a 10x leveraged trade, the threshold is 110%.
7. Liquidation will be triggered when the margin level of your isolated margin account is lower than a certain threshold, and Gate.io will buy or sell your assets at the real-time order price to repay the loan. The margin level threshold for 3x to 5x leveraged trades is 110%, and the threshold for a 10x leveraged trade is 105%.
8. After liquidation is triggered, your margin will be used to repay the outstanding loan. The system will charge 2% of your repayment as the liquidation fee.
9. Users should recognize that fees will be charged while trading on margin. Users should agree to pay the fees. The fee rate is the same as that of spot trading.
10. When you trade on margin, please be aware of the risks of crypto investments and isolated margin trading and exercise caution.
11. Users should agree that all investments made on Gate.io represent their true intentions and accept all potential risks and profits brought about by investment decisions.
12. Gate.io does not take responsibility for the potential delays of emails on any third-party software. Please check your account frequently.
13. The right of final interpretation of this document is reserved by Gate.io.
Contact us by submitting a ticket whenever you have questions.