WhiteBIT improves risk management, trading efficiency
WhiteBIT raises margin requirements for better stability
WhiteBIT, one of the largest European cryptocurrency exchanges, has rolled out significant platform updates aimed at improving risk management and increasing trading efficiency.
The latest changes impact margin trading requirements, order processing, and fee structures, providing traders with greater control and ensuring a more stable trading environment, according to the exchange’s official website.
Increase in maintenance margin requirements (MMR)
To strengthen margin trading stability, WhiteBIT has raised the required Maintenance Margin Requirement (MMR) from 2.5% to 3%. Traders must now maintain a minimum ratio of free funds to borrowed funds at 3%. Additionally, the liquidation mechanism has been updated—liquidation will now be triggered when a trader’s Margin Fraction (MF) drops to 3%.
This adjustment is designed to mitigate risks associated with high leverage trading, preventing sudden liquidations and market instability. WhiteBIT encourages traders to review the updated liquidation rules available in the Help Center.
New order processing and fee calculation mechanism
WhiteBIT has introduced a revamped fee structure to ensure more transparent and fair trading conditions. The key updates include:
Fees apply only to executed orders – Traders will be charged only for the portion of an order that is successfully completed.
No fees for unexecuted orders – If an order is not executed, no trading fees will be applied.
These modifications help traders avoid unnecessary costs and better calculate actual trading expenses.
Additionally, the maker_fee and taker_fee fields will be removed from API responses for certain methods, simplifying data processing for API users.
Updated spot trading fee structure
The exchange has also introduced a new fee calculation mechanism for spot trading:
Buy orders – Fees will now be charged in the base asset (e.g., when buying BTC in the BTC/USDC pair, the fee will be in BTC).
Sell orders – Fees will continue to be charged in the quote asset (e.g., when selling BTC in the BTC/USDC pair, the fee will be in USDC).
Automatic order cancellation at margin call level
To further protect traders, WhiteBIT will now automatically cancel open orders when the Margin Call level is reached. This feature will help:
- Free up funds to support negative positions before liquidation.
- Reduce the risk of immediate liquidation.
- Give traders more control over their portfolios.
With these updates, WhiteBIT continues to enhance risk management and trading efficiency, providing traders with more reliable tools for managing their positions. The exchange recommends that traders integrate these changes into their trading strategies for optimal performance.
Previously, WhiteBIT announced a strategic partnership with Bequant, a leading provider of institutional cryptocurrency trading solutions. This collaboration is expected to further expand WhiteBIT’s offerings and strengthen its position in the crypto market.
