This happens immediately and without a grace period. It's important to note that liquidation does not occur at your entry price, it occurs at the prevailing market price at the time of liquidation, which may result in a worse outcome than expected. Example: Your margin ratio drops to 0.5% against a 1% maintenance margin requirement. The liquidation engine closes part of your position immediately.

Your account may be frozen if you don't complete your identity verification within the stated grace period. However, you can still access your funds and make withdrawals. Once you've passed verification, full access to your account will be restored.5. Can I withdraw my funds and convert my tokens when my account is frozen, after the re-verification of my individual account? Yes.6. Can I change my name after completing identity verification? This feature is only available in certain regions.