Bitget to Disable Margin and Loan Functions for MANTRA
Bitget announced plans to disable margin and loan functions for MANTRA in its unified trading account, citing market risk mitigation.
Crypto exchange Bitget is set to disable margin and loan functions for MANTRA within its unified trading account, according to an announcement published by the platform. The changes are scheduled to take effect on November 19, 2026, at 6:00 PM (UTC+8), aimed at mitigating market risks and improving the trading experience.
Service Suspensions
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Loan services for the asset will be suspended ahead of the margin closure, stopping on November 18, 2026, at 6:00 PM (UTC+8). Unfilled leveraged orders involving the relevant trading pairs will be automatically canceled when the margin function is disabled.
Collateral and Liquidation
Bitget stated that the collateral ratio for the margin coin will be reduced to zero, and the trading pairs will no longer be eligible as collateral for institutional loans. Users are strongly advised to repay outstanding liabilities or adjust positions before the deadline to avoid system liquidation and potential asset losses.
Key facts
- Margin and loan functions for MANTRA will be disabled on November 19, 2026, at 6:00 PM (UTC+8).
- Loan services will be suspended on November 18, 2026, at 6:00 PM (UTC+8).
- The collateral ratio for the margin coin will be reduced to zero.
- Unfilled leveraged orders will be automatically canceled at the time of the closure.
Source: bitget.com
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