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- Submit BSC Address From Trust Wallet
✅ Strong Project - Don't Miss Must Join Simple Tasks 🔥🔥
Poloniex Exchange Margin Traders Quiz Answer
Q1. What advantage(s) does margin trading have over spot trading?
Ans: Both a and b are correct.
Q2. If the price of BTC drops from 15,000 to 10,000 and you predict it will keep falling, what is the most appropriate strategy for margin trading?
Ans: Borrow and short BTC.
Q3. Does margin trading on Poloniex require manual borrowing and repayment?
Ans: Yes.
Q4. What is the maximum leverage that Poloniex currently allows for margin trading?
Ans: Three times
Q5. Which currencies does Poloniex accept as margin?
Ans: USDT, BTC, ETH, and TRX
Q6. What is the interest calculation period for borrowing in margin trading on Poloniex?
Ans: Daily
Q7. Which of the following formula is wrong?
Ans: Interest = Borrowed * Daily interest rate/12
Q8. At what margin ratio will forced liquidation be triggered in Poloniex's margin trading?
Ans: 150%
Q1. What advantage(s) does margin trading have over spot trading?
Ans: Both a and b are correct.
Q2. If the price of BTC drops from 15,000 to 10,000 and you predict it will keep falling, what is the most appropriate strategy for margin trading?
Ans: Borrow and short BTC.
Q3. Does margin trading on Poloniex require manual borrowing and repayment?
Ans: Yes.
Q4. What is the maximum leverage that Poloniex currently allows for margin trading?
Ans: Three times
Q5. Which currencies does Poloniex accept as margin?
Ans: USDT, BTC, ETH, and TRX
Q6. What is the interest calculation period for borrowing in margin trading on Poloniex?
Ans: Daily
Q7. Which of the following formula is wrong?
Ans: Interest = Borrowed * Daily interest rate/12
Q8. At what margin ratio will forced liquidation be triggered in Poloniex's margin trading?
Ans: 150%
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