Your collateral will be liquidated in the following situations:
1. Collateral values fall, LTV triggers the liquidation line, Matrixport will sell the collateral to repay customers loan and interest.
2. The customer's overdue payment has exceeded the maximum number of overdue days.
3. Customers didn't supplement collateral over a certain period once the LTV triggers the warning line (e.g 24hr)
After the liquidation, the margin will be used to repay the loan and interest (penalty interest), according to different product policies, credited to the insurance fund, or ask the customer to make up the difference, or refund the margin to customers.
Different products applied for different liquidation policy, please see each product rule.