What is the difference between position-by-position leveraged trading and full-position leveraged tr

BiyaPay’s spot leverage function currently supports full-position leveraged trading, and may support position-by-position leveraged trading in the future. The margin in the position-by-position leveraged trading mode is independent for each trading pair:

• • Each trading pair has an independent position-by-position leveraged account. Only specific cryptocurrencies can be transferred, held, and borrowed in a specific position-by-position leveraged account. For example, in a BTC/USDT position-by-position account, only BTC and USDT can be used. You can open multiple position-by-position accounts for trading different currency pairs.
• • Each trading pair’s position is independent. If margin needs to be added, even if you have sufficient assets in other position-by-position or full-position accounts, the margin will not be automatically added. You need to manually supplement it.
• • The margin rate is only calculated based on the assets and liabilities of the currency pair in each position-by-position account.
• • The risk is isolated in each position-by-position account. Once liquidation occurs, it will not affect other position-by-position positions.

Under the full-position leveraged trading mode, all trading pairs of the user share the margin.

• • Each user can only have one full account , and all trading pairs can be traded in this account;
• • The assets in the account are shared by all positions.
• • The margin rate is calculated based on the total asset value and debt of the full account.
• • The system will check the margin level of the full position account and notify the user to provide additional margin or close the head; once liquidation occurs, all positions will be liquidated.