Crypto.com Exchange Upgrades Smart Cross Margin for Traders

Crypto.com will implement several identified and required enhancements to the Smart Cross Margin feature of the Crypto.com Exchange. The amendments will go into effect on October 30, 2023.

Increased capital efficiency is one of the factors included in the enhancements.

Negative USD balances will no longer be subject to initial or maintenance margin requirements.

This will aid in enhancing the capital efficiency of the USD experience. Negative USD balances are subject to interest charges.

By delivering a minimum haircut rate, liquidity buffers will increase. This will replace the current maximum number of collateral weights.

The rate of the haircut will not be deducted from the margin balance. Instead, it will be added to the necessary margin. This will help to offer additional buffers.

In addition, there will be maximum margins required. The entire account facility does not affect either the required margin or the maintenance margin.

The risk factor will be utilized when evaluating liquidations. This will enhance account utility management without imposing unwanted margin requirements.

According to our review of Crypto.com, this exchange provides traders with an exceptional trading experience, and these enhancements will result in greater trading exposure for users. 

Smart Cross Margin is a cutting-edge trading system developed by Crypto.com that eliminates margin requirements for positioning in opposite directions.

It is also applicable to a variety of product types, including Margin, Futures, Perpetual Futures, and spot.

Smart Cross Margin enhances capital efficiency and reduces margin requirements. More liquidity and workability are advantageous for traders.