How do I clear a margin call?

You can clear a margin call with a bitcoin deposit, wire transfer payment, requesting Unchained to take possession of and sell your collateral, or BTC price increase.

 

If an event of default occurs due to failure to satisfy your CTP requirements, our current process is to liquidate collateral and to apply the net proceeds to outstanding balances, plus selling fees to Unchained Trading, LLC, in order to achieve a collateral-to-principal ratio of 200%. We reserve the right to change or eliminate this process at our discretion.

There are four ways margin calls can be cleared:

  1. Deposit additional collateral
  2. Send a wire transfer to make a principal payment
  3. Request Unchained to take possession of and sell collateral at the trading desk
  4. Wait to see if the BTC/USD price increases (hazardous--risks liquidation of collateral)