Here are a few common reasons why you might be unable to repay your margin loan, even if you have sufficient funds:
- Insufficient Collateral: While you may have enough funds in your account, your collateral might not be enough to cover the loan repayment. The minimum collateral requirement can vary depending on the specific cryptocurrency and market conditions.
- Maintenance Margin Requirement: To prevent liquidation, your account must maintain a certain level of collateral. If the value of your collateral drops significantly, you may not be able to repay the loan until you deposit more funds or the market conditions improve.
- Technical Glitches or System Issues: Sometimes, technical glitches or system errors can temporarily prevent you from repaying your loan. In such cases, it's best to wait a few minutes and try again. If the issue persists, contact our customer support for assistance.
- Pending Transactions: If you have any pending transactions, such as buy or sell orders, they may be affecting your available balance. Ensure that all pending transactions are completed before attempting to repay your loan.
If you're still facing issues after addressing these potential causes, please contact our customer support team for further assistance.
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