04-10-2020, 12:26 AM
Quick question about DEX margin trading?
<!-- SC_OFF --><div class="md"><p>Ok so let's say I make a fresh wallet and put like 10$ worth of ethereum on there and then like 500$ worth of usdt. Then I go to a DEX and margin trade x6 or something for a loan of close to 2.3k. Then I mess up and get liquidated. What exactly is the incentive to pay that back rather than just make a totally new wallet?</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>Ok so let's say I make a fresh wallet and put like 10$ worth of ethereum on there and then like 500$ worth of usdt. Then I go to a DEX and margin trade x6 or something for a loan of close to 2.3k. Then I mess up and get liquidated. What exactly is the incentive to pay that back rather than just make a totally new wallet?</p> </div><!-- SC_ON --> Kind Regards R