In Cryptocurrency Trading, What Is ‘Initial Margin’ and ‘Maintenance Margin’ for Perpetuals?

Initial margin is the minimum amount of capital required to open a leveraged position in a perpetual contract. Maintenance margin is the minimum equity level that must be kept in the account to keep the position open.

If the account equity falls below the maintenance margin level, a margin call or liquidation will occur. These margins are crucial for managing leverage and risk.