How much does the price have to drop on 2X

Question

COTI - Currency of the Internet

Rob

How much does the price have to drop on 2X

leverage to get liquidated?

#coti #cryptocurrency #english

0

02.03.2022

9 ответов

22 просмотра

Rob Автор вопроса

Ben G | COTI | Will never DM you first!
You can use the @coticomm_bot created by @mrnotin...

Im trying to use it. What does the bot do?

0

02.03.2022

Fireflight

The price would need to drop 50%, since you are using 2X. If you would use 4X, price would need to drop 25%. But you can indeed use the community bot to calculate it for you

0

02.03.2022

Rob Автор вопроса

Fireflight
The price would need to drop 50%, since you are us...

Thanks and if you get a liquidation warning, can you exit the position when it's in the grace period?

0

02.03.2022

Ben G | COTI | Will never DM you first!

Rob
Im trying to use it. What does the bot do?

Calculates your treasury HF, liquidation price and many more. Use the "/"to get any idea of all the bot does.

0

02.03.2022

Ben G | COTI | Will never DM you first!

Rob
Thanks and if you get a liquidation warning, can y...

Yes you can, the grace period has been updated to 6hours now. Also note that you'll be forfeiting your rewards when you exit a locked position.

0

02.03.2022

Rob Автор вопроса

Ben G | COTI | Will never DM you first!
Yes you can, the grace period has been updated to ...

Do locked positions pay rewards real time or at the end of the period?

0

02.03.2022

Ben G | COTI | Will never DM you first!

Rob
Do locked positions pay rewards real time or at th...

Rewards are recalculated every 60 seconds and are always unlocked for you to claim.

0

02.03.2022

Fireflight

Rob
Do locked positions pay rewards real time or at th...

Be aware, if you are using a locked deposit and reach liquidation level and you want to withdraw, that you will need to pay a penalty fee + you lose the rewards you have accumulated during the lock period (if you already withdrew rewards, they will deduct it from your principal amount). So if you are using a risky multiplier, my suggestion would be to use it unlocked at first until the COTI price gets far enough from your liquidation price and then you can lock it to earn extra APY (while having a safer position from liquidation)

0

02.03.2022

Ben G | COTI | Will never DM you first! · Accepted Answer

Ben G | COTI | Will never DM you first!

You can use the @coticomm_bot created by @mrnotinuse

0

02.03.2022

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How much does the price have to drop on 2X

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