Why Can't I Open a Position When My Account Has Assets?

Why Can't I Open a Position?

Some users encounter an issue where they have assets in their account but cannot open a position. This could be due to two reasons: asset allocation is frozen or insufficient margin.


1. Asset Allocation is Frozen

If the assets in your trading account are being used for other transactions, such as orders placed in the spot market, they may be frozen and unavailable for opening a position.

Example:

  • You have 100 USDT in your trading account.

  • You place a limit order to buy BTC with 60 USDT in the spot market.

  • The 60 USDT will be frozen by the system, meaning you won't be able to use it to open a futures position.

Solution: To resolve this, you can:

  • Cancel the spot market order or

  • Transfer more USDT to your trading account in order to open a position.


2. Insufficient Margin

Futures trading operates on margin, meaning you need sufficient margin to open a position. If there’s not enough cryptocurrency to cover the margin, you will be unable to open a position. Since market prices fluctuate, the required margin to open a position can change as well.

Example:

  • Your available margin is 100 USDT.

  • You want to open a position for 90 USDT or 95 USDT.

  • This ensures a cushion for potential price fluctuations and accounts for related fees.

Solution: To resolve this, you can:

  • Reduce the number of contracts you want to open or

  • Transfer more funds into the relevant account to ensure you have enough margin.

EasiCoin Team

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