I. The video tutorial is as follows.
1. How do I enable margin trading?
1.1 Log into your Poloniex account.
1.2 Click "Trade" on the top navigation bar to enter the trade screen.
1.3 Enable "Auto Borrow".
1.4 Read Poloniex Margin Trading User Agreement and then click "Enable Margin Trading".
2. How do I borrow and repay funds?
2.1 Enable "Auto Borrow".
2.2 Adjust the slider to borrow with the maximum available funds.
2.3 Click to confirm your transaction.
2.4 You have successfully borrowed funds with your transaction.
2.5 View the amount of funds you have borrowed.
2.6 Repay the amount you have borrowed.
2.7 Confirm the amount of repayment.
2.8 The repayment is successful after you confirm the transaction.
3. Where can I check the margin ratio and interest?
3.1 You will see the margin ratio and borrowed amount on the “Trade” page once you borrowed funds successfully.
3.2 You can also click "Wallet" to view the margin ratio and borrowed amount.
3.3 Click "Activity" > "Other", and then select "Interest" to view the details of the interest accrued.
II. The graphic tutorial is as follows.
1. Open the Trading Interface
Log in to your Poloniex account, then click the [Trade] button on the navigation bar at the top of the page to enter the trading interface:
2. Choose a Trading pair
After entering the trading page, select a leveraged trading pair on the left to view the latest price and trades (take BTC/USDT as an example).
3. Enable Cross Margin mode access by clicking on the corresponding button in the pane on the right-hand side of the trading screen.
4. Turn on automatic borrowing
Click the [Auto Borrow] button to toggle the leveraged trading mode. You can use borrowing to increase your trading position.
5. Submit your order
Click [Buy] to go long or [Sell] to go short! You can set the buying/selling price and the coin amount to suit your needs.
6. Confirm your order
After confirming that the order price and quantity are correct, click [Buy] or [Sell].
That’s it! Below we have some other features you can use to keep track and manage your orders:
7. Check your orders
After the order is successfully placed, you can check the status of the pending order in the "Current History" column at the bottom of the transaction page. Here, you can also click [Cancel] next to the current order to cancel it.
8. View margin ratio
After using cross margin mode to borrow money, you can check the margin ratio as well as other risk related information here. Liquidation will affect margin assets.
9. How to avoid liquidation (recharging/repaying debts)
When the margin ratio is too low, it can be increased by upping the margin collateral or repaying the debt. The margin currency will have a “Margin” label on the asset page. Any increase in the asset value of this type of currency will increase the margin ratio. You can also query the currency that belongs to the margin asset through the "margin asset list".
The method of repaying debt includes recharging or buying the currency of the debt. If the currency acquired in the transaction already has a debt during the transaction, the transaction result will be used to repay the debt first.