Binance, Exchanges

Here Are the Binance Margin Quiz Answers….10. When You Receive a Margin Call Notification, What Should You Do?

If you receive a margin call notification, the first thing you should do is check the details of the call. Make sure you understand the terms and conditions of the call, and then take action accordingly.

If you think the call is in error, or if you don’t have the funds to meet the margin requirements, you can contact Binance customer support for help.

NOTE: Warning: It is highly discouraged to use answers found online to complete a Binance Margin Quiz. The quiz is designed to test your knowledge and understanding of margin trading and you should answer it truthfully in order to evaluate your understanding accurately. Furthermore, when you receive a margin call notification, you should take action immediately by either depositing more funds or reducing open positions in order to bring the margin balance back up to the required level.

In most cases, however, a margin call simply means that you need to deposit more funds into your account in order to maintain your current position. If you don’t have the funds available, you may need to sell some of your assets in order to meet the margin requirements.

Whatever you do, don’t ignore a margin call notification. Doing so could result in your account being liquidated and you being responsible for any losses incurred.

Previous ArticleNext Article