WOO X launches independent margin feature to enhance trading flexibility

2024/07/15 18:00

Odaily News WOO X launches the independent margin feature, which allows independent management of margin for individual perpetual contract positions, improving control and flexibility of trading strategies. This update makes it more flexible to open both full and independent margin positions on the same trading pair, provides customizable margin modes at symbol level, and facilitates access to position and risk information. The independent margin feature limits risk to the margin allocated for a specific position, protecting account balances from potential forced liquidations. Starting July 14, traders can specify independent or full margin modes when placing perpetual orders, ensuring a smooth trading experience. API integration provides real-time margin mode and leverage information through REST and WebSocket API responses, improving transparency and operational efficiency.

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