Example — BTC (Coins) ·
Position: 1.90 BTC (1 BTC = $111,000 → Notional ≈ $210,900)
For BTC, the tiered margin is based on the number of coins — not the USD notional. Price is only used to convert the margin to USD.
T2 (300:1)
- T1 (500:1) — first 1.00 BTC →
1.00 ÷ 500 = 0.002000 BTC
(× $111,000 = $222.00) - T2 (300:1) — next 0.90 BTC →
0.90 ÷ 300 = 0.003000 BTC
(× $111,000 = $333.00)
(0.002000 + 0.003000) BTC = 0.005000 BTC
≈ $555.00 at $111,000/BTC