1.Base currency: is the token against which exchange rates are generally quoted. In BTC-USDT pair, BTC is the base currency.
2.Quote currency:is used as reference to give us the relative value of the Base currency.In BTC-USDT pair, USDT is the quote currency.
3. Total assets: the sum of assets in margin trading account, including locked assets and available assets.
4.Transfer in asset: asset transferred into margin trading account from exchange account.
5.Borrowed asset: asset borrowed with asset transferred into margin trading as a collateral.
6. Available asset: asset that is available to place orders in margin trading account, including asset borrowed and transferred in.
7.Locked asset: balance not available to place orders in margin trading.In general, it refers to asset in order.
8.Long: take BTC/USDT as an example, if you believe BTC price will rise, you can borrow USDT to buy long.That is,buy BTC at current low price and sell BTC at a higher price later to amplify your gains.
9.Short:Take BTC_USDT pair as an example, if you believe BTC price will go down, you may borrow BTC and sell short. That is, sell at current high price and buy at a lower price later to benefit from drops in BTC price.
10 Risk Rate: The total-to-loan ratio in margin trading account. The indicator to uate risk of a forced liquidation. The higher the risk rate, the lower the loan ratio is, and less chance the margin trading account will be force liquidated.
11. Forced liquidation: when the risk rate in margin trading account is low to 110%, forced liquidation is triggered.All of the position of this pair are closed automatically to prevent further loss and ensure you do not default on your loan.
12. Est.Liquidation price: A calculated price when the risk rate is 110%. A forced liquidation will be triggered when the price reaches this value.