What is a position?

A position is an entity that allows CEX.IO to reserve your and borrowed funds to support your trading strategy. A position is composed of several components:

  1. Opening order, at which the funds are converted to position symbol.
  2. Waiting period, which is used for you to track the position health and decide when to close it.
  3. Closing order, at which the position symbol is converted back to initial funds and reservation is removed. 

Position-based margin trading is convenient, because it automatically opens and closes all necessary orders, takes and returns loans, and accounts for all the fees. 

Have more questions? Submit a request

0 Comments

Please sign in to leave a comment.