How to enable automatic margin call for CoinEx contracts?

What Is Automatic Margin Call in CoinEx Contracts?

In the context of futures trading on platforms like CoinEx, a margin call occurs when the trader's account equity falls below the required maintenance margin level. An automatic margin call is a feature that allows the system to automatically add more margin to an open position to prevent liquidation. This ensures that traders can maintain their positions even during volatile market conditions without manually depositing additional funds. Understanding how this mechanism works is essential for risk management, especially for leveraged trades.

Why Enable Automatic Margin Call?

Enabling automatic margin call functionality helps traders avoid unexpected liquidations. When using high leverage, small price movements can lead to significant losses. If the available balance drops below the maintenance margin, the system will issue a margin call. By enabling the automatic function, CoinEx uses funds from the user’s spot wallet or designated margin source to top up the margin balance. This feature is particularly useful for users who cannot monitor their positions 24/7 or prefer automated risk control mechanisms.

How to Access the Margin Settings on CoinEx

Before enabling automatic margin call, users must navigate to the correct settings within the CoinEx platform. Begin by logging into your CoinEx account and accessing the Futures Trading section. From there, locate the Margin Settings or Position Management menu. These options are typically found under the contract details panel or in the account settings dropdown. Ensure you're viewing the interface for perpetual or futures contracts depending on your trade type.

Steps to Enable Automatic Margin Call

To activate automatic margin call, follow these steps carefully:

• Navigate to the Margin Settings tab after selecting a specific futures contract.
• Look for the Auto-Margin Top-Up option or similar terminology indicating automatic funding.
• Toggle the switch to enable the feature.
• Confirm the action through your registered email or two-factor authentication method.
• Select the preferred funding source, which may include your spot wallet or a linked sub-account with available balances.
• Set a threshold percentage or amount that triggers the automatic top-up process.

Each step must be completed accurately to ensure the system functions as intended. Failure to confirm the activation via security protocols could result in the setting not being applied.

Funding Source Configuration for Auto Margin

After enabling the auto-margin feature, it's crucial to configure the correct funding source. The system pulls funds from your spot wallet by default unless otherwise specified. To change or verify this:

• Go to the Funding Source section within the margin settings.
• Choose between available wallets or accounts linked to your profile.
• Ensure the selected wallet contains sufficient funds to cover potential margin calls.
• Review transaction history to confirm past auto-top-ups were successful.

Misconfiguring the funding source may lead to failed margin calls, resulting in unintended liquidation despite having available funds elsewhere in your account.

Monitoring and Managing Auto Margin Usage

Once enabled, it's important to regularly review how often the automatic margin call feature is triggered. Users can access the Transaction History or Margin Call Logs section to view past events. This log includes:

• Timestamps of each automatic top-up.
• Amounts added to the margin balance.
• Contract symbols involved.
• Current margin levels before and after the top-up.

Monitoring these logs helps users understand how frequently they approach liquidation thresholds and whether adjustments to leverage or position size are necessary.

Troubleshooting Common Issues with Auto Margin Call

Some users may encounter issues when trying to enable or use the automatic margin call function. Common problems include:

• Insufficient funds in the selected source wallet: Ensure the linked wallet has enough assets to support potential margin requirements.
• Incorrect funding source selection: Double-check which wallet or account is designated for auto-top-up.
• Security verification failure: If 2FA or email confirmation fails, re-enable the feature after verifying your identity.
• Platform restrictions based on region or account type: Some features may not be available to users in certain jurisdictions or those with unverified accounts.

Resolving these issues typically involves adjusting settings or replenishing funds in the correct wallet.

Frequently Asked Questions (FAQ)

Q: Can I disable automatic margin call after enabling it?Yes, you can disable the automatic margin call at any time by returning to the margin settings and toggling off the Auto-Margin Top-Up option.

Q: Does CoinEx charge fees for using automatic margin call?No, CoinEx does not impose additional fees specifically for using the automatic margin call feature. However, standard trading and funding transfer fees may apply.

Q: Will automatic margin call work for all types of futures contracts?The availability of automatic margin call depends on the specific contract type and trading pair. Most perpetual and quarterly futures contracts support this feature, but always verify under the Margin Settings for each contract.

Q: Can I set different funding sources for different contracts?Currently, CoinEx allows setting a single funding source for all contracts. There is no option to specify different funding sources per contract.