What are the differences between various modes of leveraged trading in digital currencies?

BiyaPay's spot leverage feature currently only supports cross margin leveraged trading. Below is a summary of the main differences between digital currency cross margin leveraged trading and isolated margin leveraged trading:

In cross margin leveraged trading mode, all trading pairs share the margin:

• Each user can only have one cross margin account, and all trading pairs can be traded within this account;
• Assets in the account are shared across all positions;
• The margin ratio is calculated based on the total asset value and liabilities of the cross margin account;
• The system monitors the margin level of the cross margin account and notifies users to add margin or close positions; once liquidation occurs, all positions will be liquidated.

In isolated margin leveraged trading mode, the margin is independent for each trading pair:

• Each trading pair has a separate isolated margin account. Only specific cryptocurrencies can be transferred, held, and borrowed within a specific isolated margin account. For example, only BTC and USDT can be used in the BTC/USDT isolated margin account. You can open multiple isolated margin accounts for trading different pairs;
• Positions for each trading pair are independent. If you need to add margin, it will not be automatically added even if you have sufficient assets in other isolated margin accounts or the cross margin account. You need to manually add margin;
• The margin ratio is calculated only within each isolated margin account based on the assets and liabilities of that pair;
• Risk is isolated within each isolated margin account. Once liquidation occurs, it will not affect other isolated positions.