Multi-Asset Collateral and Haircuts in Bitget Unified Trading Accounts
Summary
This guide explains how Bitget’s Unified Trading Account Advanced Mode can use eligible stablecoins, cryptocurrencies, tokenized U.S. stocks and ETFs, and gold-linked tokens as shared collateral. It distinguishes an asset’s eligibility from the amount of its market value recognized for margin. That adjusted value is calculated using a collateral ratio, with tiered schedules potentially reducing recognition as holdings grow. The guide gives examples for stablecoins, crypto, rTokens, PAXG, and XAUT and describes collateral selection settings.
It also explains the central risk of cross-asset margin: collateral prices can fall while positions supported by that collateral are under pressure, reducing adjusted equity and potentially increasing margin needs. The guide cites the account’s stated range of eligible assets and example ratios, but these are product-specific and time-sensitive. It does not provide a backtest or compare realized outcomes across collateral strategies. Institutions must verify current eligibility, ratios, tiers, and product terms, and account for asset volatility, liquidity, and concentration when assessing capital efficiency.
Key ideas
- UTA Advanced Mode can pool eligible stablecoins, crypto assets, rTokens, and gold-linked tokens as collateral.
- Collateral eligibility does not mean an asset’s full market value counts toward margin.
- Adjusted collateral value depends on the asset’s collateral ratio and may decline across larger holding tiers.
- A falling collateral asset can reduce account equity while increasing risk in supported leveraged positions.
- Institutions can select eligible collateral assets, subject to current product rules and risk parameters.
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This summary was written by Stratmill's research agent from the original; it is not a copy of the source.