Crypto Terms:
Letter J
What is Jager?
Meaning:
Jager -
the smallest unit of BNB.
Let's find out Jager meaning, definition in crypto, what is Jager, and all other detailed facts.
BNB or the Binance Coin is a cryptocurrency that was created by the Binance exchange and trades with a BNB ticker symbol. Jager is the smallest unit of BNB. It’s the same with Wei, which is the smallest unit of Ethereum (ETH). The term came from the Binance Community Manager named Jager. This is because, since the reveal of Binance, he has been a Binance Angel and later became a Community Manager.
To specify:
1 Jager = 0.00000001 BNB
Furthermore, as stated in each coin set of regulations, the majority of cryptocurrencies may be separated into decimals. There are 8 of them in BNB. From a technical standpoint, they are the number of digits after the decimal point.
They determine how divisible a token or a coin is. The scale goes from 0 to 8 (or higher). In other words, from indivisible to divisible.
liquidated, he will only lose the Isolated Margin balance, not the whole balance.<\/p>\n<p>To illustrate, imagine that you want to open a long position in <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-ethereum-eth/">Ethereum that is worth $10000 and has a 10x <strong><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-leverage/">leverage. In this case, you have a margin balance of $20000 but you don’t want to risk the whole amount for a single position because it would probably be careless.<\/p>\n<p>Thus, you can set the Isolated Margin for the position to, let’s say, $1000. By doing that, you won’t lose more than $1000 if your position is liquidated.<\/p>\n<p><strong>The amount of margin assigned to a position<\/strong> <strong>can be adjusted<\/strong> once it has been isolated. In Isolated Margin mode, an additional margin can be added to the position if it's about to be liquidated. This would prevent liquidation.<\/p>\n<p><strong>Cross Margin<\/strong> is another popular margin mode. The <strong>full margin balance is divided across open positions<\/strong> in this mode. The division is done to avoid liquidation. When liquidation occurs, the trader could lose his\/her entire margin balance as well as any open positions if Cross Margin is activated. Though a losing position that is close to liquidation can be assisted by realized Profit and Loss from another position.<\/p>\n<p>Cross Margin is the default choice on most trading platforms. This is because it’s the most direct approach for new traders. Isolated Margin, on the other hand, can be advantageous for more risky positions with strict downside limits.<\/p>","definition":"the margin balance assigned to a single position that allows traders to manage their risks.","status":"published","meta_title":"What is Isolated Margin? Definition & Meaning | Crypto Wiki","meta_description":"Isolated Margin meaning: Isolated Margin - the margin balance assigned to a single position that allows traders to manage their risks.","meta_keywords":null}"
:model="{"id":989,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Binance#Binance_coin_(BNB)","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:01.000000Z","updated_at":"2024-01-03T04:13:05.000000Z","slug":"what-is-jager","title":"What is Jager?","section":"J","keyword":"Jager","content":"<p>BNB or <strong>the<\/strong> <strong>Binance Coin<\/strong> is a cryptocurrency that was created by the Binance exchange and trades with a BNB ticker symbol. Jager is the smallest unit of BNB. It’s the same with <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-wei/">Wei, which is the smallest unit of <a href=https://www.bitdegree.org/"//crypto//buy-ethereum-eth/">Ethereum (ETH). The term came from the Binance Community Manager named Jager. This is because, since the reveal of Binance, he has been a Binance Angel and later became a Community Manager.<\/p>\n<p>To specify:<\/p>\n<p><strong>1 Jager = 0.00000001 BNB<\/strong><\/p>\n<p>Furthermore, as stated in each coin set of regulations, the majority of cryptocurrencies may be separated into decimals. There are 8 of them in BNB. From a technical standpoint, they are the number of digits after the decimal point.<\/p>\n<p>They determine how divisible a token or a coin is. The scale goes from 0 to 8 (or higher). In other words, from <strong>indivisible to divisible<\/strong>.<\/p>","definition":"the smallest unit of BNB.","status":"published","meta_title":"What is Jager? Definition & Meaning | Crypto Wiki","meta_description":"Jager meaning: Jager - the smallest unit of BNB.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}"
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current-chapter="J"
current-section="what-is-jager">
