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A comment on UK regulator clamps down on Binance. Parent comment

Re:UK regulator clamps down on Binance by adevx on Monday June 28, 2021 @09:37AM (#27661785)
"including losses greater than the staked amount" I don't think this is true. Binance will happily liquidate you well in advance of a possible negative balance.
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Re:UK regulator clamps down on Binance by _fat_santa on Monday June 28, 2021 @09:52AM (#27661969)
I was going to say, while technically there is the risk of loosing more than your stake, practically speaking you will be margin called long before that happens.
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Re:UK regulator clamps down on Binance by shapefrog on Monday June 28, 2021 @10:10AM (#27662194)
Ahh yes, I remember when people used to say that about trading in the trillion dollar a day foreign exchange markets. Then people lost 5 times their margin in the blink of an eye.
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