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Yes, even 'random' spikes and dips in obscure exchanges can force-close positions on some other exchanges. 'We use the average price of 5 difference exchanges
by joosters 9y ago
Yes, even 'random' spikes and dips in obscure exchanges can force-close positions on some other exchanges.
'We use the average price of 5 difference exchanges to calculate the current BTC price' - then one of those random exchanges goes haywire and BTC trades near 0 on them for a few seconds. Ooops, the average BTC price just dropped 20% so we had to close your position due to lack of margin. Sorry! (This has happened several times in the past few months, for instance...)