If the USDT asset in your account is greater than the baseline, then some USDT in your account will be in deficit.
11 Sep 2022, 17:50
If the USDT asset in your account is greater than the baseline, then some USDT in your account will be in deficit. ( Haircut, cause they fucked up) Suppose you have 1,500 USDT in your account, then your account has T=(1,500-1,000)*0.52=260 USDT will be turned into a deficit asset , that is, 260 USDT becomes 260 DFUSDT. You can directly trade or withdraw 1500- 260 = 1240 USDT in your account.
That means in Dutch, you are screwed
Same news in other sources
111 Sep 2022, 17:50
If the USDT asset in your account is greater than the baseline, then some USDT in your account will be in deficit. ( Haircut, cause they fucked up) Suppose you have 1,500 USDT in your account, then your account has T=(1,500-1,000)*0.52=260 USDT will be turned into a deficit asset , that is, 260 USDT becomes 260 DFUSDT. You can directly trade or withdraw 1500- 260 = 1240 USDT in your account.
That means in Dutch, you are screwed
If the USDT asset in your account is greater than the baseline, then some USDT in your account will be in deficit.
https://twitter.com/Hotbit_news/status/1569019684757938179?s=20&t=qVq9HKuFzDCks0XWQ_0BnA
If the USDT asset in your account is greater than the baseline, then some USDT in your account will be in deficit. ( Haircut, cause they fucked up) Suppose you have 1,500 USDT in your account, then your account has T=(1,500-1,000)*0.52=260 USDT will be turned into a deficit asset , that is, 260 USDT becomes 260 DFUSDT. You can directly trade or withdraw 1500- 260 = 1240 USDT in your account.
That means in Dutch, you are screwed