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

Unable to Open a Position? Here's Why

Some users encounter an issue where they have assets in their account but are unable to open a position. This may be due to one of the following two reasons: asset allocation is frozen or insufficient margin.

Asset Allocation is Frozen

The assets in the user's trading account may be used for other transactions, causing a freeze that prevents opening a position.

Example: If you have 100 USDT in your trading account and place a limit order to buy BTC with 60 USDT in the spot market, that 60 USDT becomes frozen. As a result, you won't be able to use it to open a futures position.

Solution: To resolve this, you can either:

• Cancel the spot market order.

• Transfer more USDT from another account into your trading account.

Insufficient Margin

Futures trading operates on margin, meaning you need sufficient margin in your account to open a position. If your account doesn't have enough cryptocurrency as margin, you will not be able to open a position.

Since market prices fluctuate, the required margin for opening a position will change accordingly.

Solution: To resolve this, you can:

• Reduce the number of contracts you want to trade.

• Transfer more funds into the relevant account.

Example: If your available margin is 100 USDT, you can choose to open a position with 90 USDT or 95 USDT. This gives you some room for price fluctuations and helps cover related fees.

EasiCoin Team