Navigating the Volatility in Crypto Payroll
The crypto market is in constant flux, and recent changes at Bybit have only heightened concerns. The company recently adjusted its risk limits for various cryptocurrencies, leading to a cascade of questions from those of us in the trenches of crypto payroll.
The Changes
Bybit’s announcement of risk management adjustments is significant, impacting many key players in the crypto landscape. The changes affect leverage and margin requirements for popular perpetual contracts, specifically Bitcoin (BTC) and Ethereum (ETH). As the position value rises, Bybit will automatically modify the user’s risk limits based on that value and the active order value. This means that maintenance margin and initial margin requirements will also change based…
