[{"data":1,"prerenderedAt":349},["ShallowReactive",2],{"api/learn-center-post-en-understanding-liquidation-in-crypto-derivatives":3,"footer-en":59,"learn/crypto-trading/understanding-liquidation-in-crypto-derivatives-en-seo":257,"navigation-en-learn-center":262,"api/learn-categories-en":310},{"seo":4,"locale":24,"breadcrumbs":25,"excerpt":33,"featuredImage":34,"components":41,"title":5,"formattedPublishedAt":52,"geofencings":53,"category":54,"pagination":56,"campaignExternalId":7},{"title":5,"metaTitle":5,"metaDescription":6,"keywords":7,"metaRobots":7,"structuredData":8,"metaImage":9,"metaSocial":17,"canonicalURL":7,"localizations":18},"Understanding Liquidation in Crypto Derivatives ","Liquidation in derivatives trading. What triggers a liquidation? Steps involved, process, and how to manage and mitigate risks.",null,{},{"url":10,"mime":11,"ext":12,"width":13,"height":14,"name":15,"alt":16},"bitstampImageUrl/Understanding_Liquidation_in_Crypto_Derivatives_a119680a80_5eba42c1b4.png","image/png",".png",900,451,"Understanding_Liquidation_in_Crypto_Derivatives_a119680a80.png","",[],[19,22],{"pathname":20,"locale":21},"/es/learn/crypto-trading/understanding-liquidation-in-crypto-derivatives/","es",{"pathname":23,"locale":24},"/learn/crypto-trading/understanding-liquidation-in-crypto-derivatives/","en",[26,30],{"id":27,"text":28,"url":27,"asUrl":29},"/learn/crypto-trading/","Crypto trading",true,{"id":31,"text":5,"url":23,"asUrl":32},"understanding-liquidation-in-crypto-derivatives",false,"\u003Cp>This article focuses on the process of liquidation in derivatives trading. It explains what triggers a liquidation, the steps involved in the liquidation process, and how traders can manage and mitigate the risks of liquidation.\u003C/p>\n",{"url":35,"mime":36,"ext":37,"width":38,"height":39,"name":40,"alt":16},"bitstampImageUrl/Understanding_Liquidation_in_Crypto_Derivatives_0556669ffd_aadea5b0da.svg","image/svg+xml",".svg",1920,1081,"Understanding_Liquidation_in_Crypto_Derivatives_0556669ffd.svg",[42],{"component":43,"props":44,"content":45,"secondaryContent":49,"ctas":50,"secondaryCtas":51,"ctasNoMarginTop":32},"section.full-text",{"centered":32,"withoutSectionContainer":32},{"text":46,"width":47,"align":48},"\u003Ch2>Definition of liquidation in trading\u003C/h2>\n\u003Cp>In finance, liquidation simply refers to the concept of converting assets into cash. Businesses that declare bankruptcy may liquidate (sell) their assets—as small as bonds, or as big as buildings—so they can repay their debts. Similarly, trading platforms liquidate their users’ collateral when the market moves against risky, leveraged trades. \u003C/p>\n\u003Cp>\u003Ca href=\"https://www.bitstamp.net/learn/crypto-trading/what-are-derivatives/\">Derivatives\u003C/a> are financial tools that offer traders the opportunity to make \u003Ca href=\"https://www.bitstamp.net/learn/crypto-trading/what-is-leverage-trading/\">leveraged\u003C/a> trades. In cryptocurrency markets, these most commonly include financial instruments like \u003Ca href=\"https://www.bitstamp.net/learn/crypto-trading/what-are-futures/\">futures\u003C/a>, options, and perpetual swaps. In different ways, these tools allow traders to use a low amount of capital to control funds with higher value. However, because the losses are amplified along with the profits, this presents a greater degree of risk. Therefore, traders must put forth a pre-defined amount of collateral (called initial margin), which represents the funds “at risk” in the trade. \u003C/p>\n\u003Cp>To manage the risk of leveraged trading, platforms offering derivatives trading build in a safety mechanism: liquidation. Through liquidation, a losing trade is automatically closed, and the initial margin is forfeited by the trader. This prevents the platform from taking on too much of the trader’s risks, and it prevents the trader from losing their entire account to a losing trade. Liquidation can be \u003Cem>partial\u003C/em> (closing part of the trade) or \u003Cem>total\u003C/em> (closing the entire trade). \u003C/p>\n\u003Ch2>Triggers for liquidation\u003C/h2>\n\u003Cp>In a leveraged long trade – for instance, using a \u003Ca href=\"https://www.bitstamp.net/learn/crypto-trading/what-are-perpetual-futures-contracts/\">perpetual swap\u003C/a> on a platform like \u003Ca href=\"https://www.bitstamp.net/learn/cryptocurrency-guide/what-is-dydx/\">dYdX\u003C/a> – the trader is anticipating an increase in the valuation of an asset, and the trade loses if the asset’s price decreases. Because the trader’s losses are magnified by leverage, their funds are more at risk of total loss the lower the asset drops. The opposite is true for a short trade. \u003C/p>\n\u003Cp>So, the platform or broker sets a price level that triggers an automatic closing of the trade: the liquidation price. This is often displayed to the trader when taking their position, so they can appropriately manage their trade. In general, the liquidation price is directly related to the amount of leverage used in the position. For example, if a trader places a long trade on BTC using 5x leverage, the liquidation price would be much lower (requiring a bigger percentage drop in price) than if they had used 20x leverage. \u003C/p>\n\u003Cp>Depending on the specific derivative product, rules for liquidation may be slightly different or handled variably by different brokers and platforms. Traders must remember that triggers for liquidation are ultimately set by these parties. That means the rules can change over time and in different market conditions.  \u003C/p>\n\u003Ch2>Strategies to manage and mitigate liquidation risk\u003C/h2>\n\u003Cp>Traders must use extreme caution when trading with leverage, whether by using derivatives or other financial tools. The best way to avoid losing money on leveraged trades is to use leverage sparingly. Traders should also be aware of the liquidation price of their positions and then monitor price movements. This way, their initial margin is never put fully at risk of liquidation.  \u003C/p>\n\u003Cp>Perhaps the most effective way of avoiding liquidation is to use stop-loss orders, which allows a trader to set a price level at which a position is closed automatically. However, unlike the case of liquidation, the trader \u003Cem>controls\u003C/em> when this happens. Ideally, they set a level that is just above (in a long trade) or below (in a short trade) the liquidation price, creating a comfortable buffer. The stop-loss price should be set at a level at which the trader is comfortable taking a loss, which is often a percentage of their initial position. \u003C/p>\n","full","left",{"text":16},[],[],"September 10th, 2024",{},{"title":28,"url":27,"geofencings":55},{},{"previous":57,"next":58},"/learn/crypto-trading/understanding-digital-payment-token-investments-a-comprehensive-guide/","/learn/crypto-trading/understanding-margin-and-leverage-in-crypto-derivatives/",{"ready":29,"sections":60,"disclaimer":255,"copyright":256},[61,104,132,155,192,211],{"title":62,"content":16,"items":63},"About",[64,69,74,79,84,89,94,99],{"noFollow":29,"isExternal":32,"name":65,"value":66,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":67,"geofencings":68},"Who We Are","/about-us/",{},{},{"noFollow":29,"isExternal":29,"name":70,"value":71,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":72,"geofencings":73},"Careers","https://careers.robinhood.com/",{},{},{"noFollow":29,"isExternal":32,"name":75,"value":76,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":77,"geofencings":78},"Legal & Privacy","/legal/",{},{},{"noFollow":29,"isExternal":32,"name":80,"value":81,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":82,"geofencings":83},"Legal & Privacy - USA","/legal/terms-of-use/inc/",{},{},{"noFollow":29,"isExternal":32,"name":85,"value":86,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":87,"geofencings":88},"For Law Enforcement","/legal/guidelines-for-law-enforcement-agencies/",{},{},{"noFollow":29,"isExternal":32,"name":90,"value":91,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":92,"geofencings":93},"Disclosures and Disclaimers","/legal/disclaimers",{},{},{"noFollow":29,"isExternal":32,"name":95,"value":96,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":97,"geofencings":98},"Fee Schedule","/fee-schedule/",{},{},{"noFollow":32,"isExternal":32,"name":100,"value":101,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":102,"geofencings":103},"FAQ","/faq/",{},{},{"title":105,"content":16,"items":106},"Products",[107,112,117,122,127],{"noFollow":32,"isExternal":32,"name":108,"value":109,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":110,"geofencings":111},"Mobile App","/mobile/",{},{},{"noFollow":32,"isExternal":32,"name":113,"value":114,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":115,"geofencings":116},"Tradeview","/market/tradeview/",{},{},{"noFollow":32,"isExternal":32,"name":118,"value":119,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":120,"geofencings":121},"Earn Stake","/crypto-staking/",{},{"geofencing-uk":29},{"noFollow":32,"isExternal":32,"name":123,"value":124,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":125,"geofencings":126},"Earn Lend","/crypto-lending/",{},{"geofencing-uk":29},{"noFollow":32,"isExternal":32,"name":128,"value":129,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":130,"geofencings":131},"Derivatives","/perpetual-futures/",{},{},{"title":133,"content":16,"items":134},"Services",[135,140,145,150],{"noFollow":32,"isExternal":32,"name":136,"value":137,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":138,"geofencings":139},"Institutions & Partners","/institutional-trading/",{},{},{"noFollow":32,"isExternal":32,"name":141,"value":142,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":143,"geofencings":144},"Bitstamp as a Service","/bitstamp-as-a-service/",{},{},{"noFollow":32,"isExternal":32,"name":146,"value":147,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":148,"geofencings":149},"The Bitstamp Ecosystem","/partners/",{},{},{"noFollow":32,"isExternal":32,"name":151,"value":152,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":153,"geofencings":154},"Pro","/pro/",{},{},{"title":156,"content":16,"items":157},"Resources",[158,163,168,173,177,182,187],{"noFollow":29,"isExternal":32,"name":159,"value":160,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":32,"showOnMobile":29,"attachment":161,"geofencings":162},"HTTP API","/api/",{},{},{"noFollow":32,"isExternal":32,"name":164,"value":165,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":32,"showOnMobile":29,"attachment":166,"geofencings":167},"Websocket API v2","/websocket/v2/",{},{},{"noFollow":32,"isExternal":32,"name":169,"value":170,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":32,"showOnMobile":29,"attachment":171,"geofencings":172},"FIX v2","/fix/v2/",{},{},{"noFollow":29,"isExternal":32,"name":174,"value":160,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":32,"attachment":175,"geofencings":176},"API Documentation",{},{},{"noFollow":32,"isExternal":32,"name":178,"value":179,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":180,"geofencings":181},"PGP Key","/pgp-key/",{},{},{"noFollow":32,"isExternal":32,"name":183,"value":184,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":185,"geofencings":186},"Lightning Network","/lightning-network-node/",{},{},{"noFollow":32,"isExternal":32,"name":188,"value":189,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":190,"geofencings":191},"Market Details","/market-details/",{},{},{"title":193,"content":16,"items":194},"Address",[195,199,203,207],{"noFollow":32,"isExternal":32,"name":196,"value":16,"isEmail":32,"isPhoneNumber":32,"isText":29,"showOnDesktop":29,"showOnMobile":29,"attachment":197,"geofencings":198},"Bitstamp Ltd",{},{},{"noFollow":32,"isExternal":32,"name":200,"value":16,"isEmail":32,"isPhoneNumber":32,"isText":29,"showOnDesktop":29,"showOnMobile":29,"attachment":201,"geofencings":202},"5 New Street Square",{},{},{"noFollow":32,"isExternal":32,"name":204,"value":16,"isEmail":32,"isPhoneNumber":32,"isText":29,"showOnDesktop":29,"showOnMobile":29,"attachment":205,"geofencings":206},"London, EC4A 3TW",{},{},{"noFollow":32,"isExternal":32,"name":208,"value":16,"isEmail":32,"isPhoneNumber":32,"isText":29,"showOnDesktop":29,"showOnMobile":29,"attachment":209,"geofencings":210},"United Kingdom",{},{},{"title":212,"content":16,"items":213},"Contact",[214,219,223,227,231,235,240,245,250],{"noFollow":32,"isExternal":32,"name":215,"value":216,"isEmail":32,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":217,"geofencings":218},"Customer support","/customer-support/",{},{},{"noFollow":32,"isExternal":32,"name":220,"value":220,"isEmail":29,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":221,"geofencings":222},"info@bitstamp.net",{},{},{"noFollow":32,"isExternal":32,"name":224,"value":224,"isEmail":29,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":225,"geofencings":226},"press@bitstamp.net",{},{},{"noFollow":32,"isExternal":32,"name":228,"value":228,"isEmail":29,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":229,"geofencings":230},"support@bitstamp.net",{},{},{"noFollow":32,"isExternal":32,"name":232,"value":232,"isEmail":29,"isPhoneNumber":32,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":233,"geofencings":234},"complaints@bitstamp.net",{},{},{"noFollow":32,"isExternal":32,"name":236,"value":237,"isEmail":32,"isPhoneNumber":29,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":238,"geofencings":239},"+44 20 3868 9628","+442038689628",{},{},{"noFollow":32,"isExternal":32,"name":241,"value":242,"isEmail":32,"isPhoneNumber":29,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":243,"geofencings":244},"+1 800 712 5702","+18007125702",{},{},{"noFollow":32,"isExternal":32,"name":246,"value":247,"isEmail":32,"isPhoneNumber":29,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":248,"geofencings":249},"+352 20 88 10 96","+35220881096",{},{},{"noFollow":32,"isExternal":32,"name":251,"value":252,"isEmail":32,"isPhoneNumber":29,"isText":32,"showOnDesktop":29,"showOnMobile":29,"attachment":253,"geofencings":254},"+65 3105 1676","+6531051676",{},{},"\u003Cp>Please read the general \u003Ca href=\"/legal/risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Warning\u003C/a>, and \u003Ca href=\"/legal/uk-investment-risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Summary\u003C/a> for UK residents before investing in crypto-assets. \u003C/p>\n\u003Cp>Crypto-assets services are provided by the following Bitstamp legal entities depending on client residency: (1) Bitstamp Europe S.A., which is authorized by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg as a payment institution (licence number Z00000012) and crypto-asset service provider (licence number N00000003); Registered address: 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg; Registration number: B196856; (2) Bitstamp UK Ltd., which is registered with the Financial Conduct Authority (FCA) in the UK for the provision of certain cryptoassets activities under the Money Laundering Regulations (Firm Reference Number 978690); Registered address: 5 New Street Square, EC4A 3TW London, United Kingdom; Registration number: 14174243; (3) Bitstamp Ltd.with its registered address at 5 New Street Square, EC4A 3TW London, United Kingdom and registration number: 8157033; (4) Bitstamp Global Ltd., which is registered as a Virtual Asset Service Provider in the British Virgin Islands and is supervised by the British Virgin Islands Financial Services Commission (FSC); Registered address: Floor 4, Banco Popular Building, Road Town, Tortola VG1110, British Virgin Islands; Registered number: 2086429; and (5) Bitstamp Asia Pte Ltd, which is authorized by the Monetary Authority of Singapore (MAS) as a major payment institution (licence number PS20200667); Registered address: 63 Chulia Street, OCBC Centre East, #15-01, Singapore 049514; Registered number: 202016687K;\u003C/p>\n\u003Cp>Virtual currency services to US residents are provided by Bitstamp USA, Inc., which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Licensed as a Money Transmitter by the New York State Department of Financial Services. Review a \u003Ca href=\"/legal/usa-inc/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">list of its licenses and other registrations\u003C/a> (NMLS number \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1905429\u003C/a>) for more information; Registered address: 85 Willow Road, Menlo Park, CA 94025, United States of America; Registered number: 5481543.\u003C/p>\n\u003Cp>Investment services with regards to trading in crypto derivatives are provided by Bitstamp Financial Services Ltd., which is authorized and supervised by the Slovenian Securities Market Agency (ATVP) as a MiFiD investment firm. Trading crypto derivatives carries significant risks and may result in substantial losses. Please trade responsibly and ensure you understand the associated risks. You can find more about the risks \u003Ca href=\"/legal/financial-services/general-terms-and-conditions/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>. To help you understand the risks involved we have put together a series of \u003Ca href=\"/derivatives/key-information-documents/\" target=\"_blank\" rel=\"noopener noreferrer\">Key Information Documents (KIDs)\u003C/a> highlighting the risks and rewards related to each derivatives contract. Crypto derivatives trading is not available to customers in the US, Canada, Japan and some other countries. Bitstamp Financial Services Ltd. does not provide crypto-asset services.\u003C/p>\n\u003Cp>To find out more about which Bitstamp entity you receive services from, please check the Profile/My information in your Bitstamp account. You can read more about our legal terms, policies and disclosures \u003Ca href=\"/legal/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>.\u003C/p>\n","\u003Cp>All rights reserved © 2026 Bitstamp by Robinhood. \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NMLS #1905429\u003C/a>\u003C/p>\n",{"description":6,"ogDescription":6,"ogImage":258,"twitterImage":258,"twitterSite":259,"twitterCreator":259,"twitterCard":260,"twitterTitle":5,"twitterDescription":6,"titleTemplate":261},"https://assets.bitstamp.net/msc/_ipx/enlarge_true&f_png&fit_cover&q_85&s_1200x630/bitstampImageUrl/Understanding_Liquidation_in_Crypto_Derivatives_a119680a80_5eba42c1b4.png","@Bitstamp","summary_large_image","%s",{"items":263,"ready":29,"platformButtonText":306,"backButtonText":307,"logInButtonText":308,"signUpButtonText":309},[264,268,272,275,278,281,284,289,292,297,302],{"headerName":265,"sidemenuName":136,"url":137,"noFollow":32,"showInHeader":29,"showInSidemenu":29,"geofencings":266,"submenu":267,"tag":16},"Institutions",{},[],{"headerName":128,"sidemenuName":128,"url":129,"noFollow":32,"showInHeader":29,"showInSidemenu":29,"geofencings":269,"submenu":270,"tag":271},{},[],"NEW",{"headerName":151,"sidemenuName":151,"url":152,"noFollow":32,"showInHeader":29,"showInSidemenu":29,"geofencings":273,"submenu":274,"tag":16},{},[],{"headerName":108,"sidemenuName":108,"url":109,"noFollow":32,"showInHeader":29,"showInSidemenu":29,"geofencings":276,"submenu":277,"tag":16},{},[],{"headerName":118,"sidemenuName":118,"url":119,"noFollow":32,"showInHeader":29,"showInSidemenu":29,"geofencings":279,"submenu":280,"tag":16},{},[],{"headerName":123,"sidemenuName":123,"url":124,"noFollow":32,"showInHeader":29,"showInSidemenu":29,"geofencings":282,"submenu":283,"tag":16},{"geofencing-uk":29},[],{"headerName":285,"sidemenuName":285,"url":286,"noFollow":32,"showInHeader":29,"showInSidemenu":29,"geofencings":287,"submenu":288,"tag":16},"Markets","/markets/",{},[],{"headerName":113,"sidemenuName":113,"url":114,"noFollow":32,"showInHeader":29,"showInSidemenu":29,"geofencings":290,"submenu":291,"tag":16},{},[],{"headerName":293,"sidemenuName":293,"url":294,"noFollow":32,"showInHeader":29,"showInSidemenu":29,"geofencings":295,"submenu":296,"tag":16},"Blog","https://blog.bitstamp.net/",{},[],{"headerName":298,"sidemenuName":298,"url":299,"noFollow":32,"showInHeader":29,"showInSidemenu":29,"geofencings":300,"submenu":301,"tag":16},"Learn","/learn/",{},[],{"headerName":303,"sidemenuName":303,"url":109,"noFollow":32,"showInHeader":32,"showInSidemenu":29,"geofencings":304,"submenu":305,"tag":16},"Get Bitstamp by Robinhood app",{},[],"Go to platform","Back","Log in","Get started",[311,315,319,323,327,329,333,337,341,345],{"title":312,"url":313,"geofencings":314},"Blockchain technology","/learn/blockchain/",{},{"title":316,"url":317,"geofencings":318},"Company profiles","/learn/company-profiles/",{},{"title":320,"url":321,"geofencings":322},"Crypto 101","/learn/crypto-101/",{},{"title":324,"url":325,"geofencings":326},"Crypto definitions","/learn/crypto-definitions/",{},{"title":28,"url":27,"geofencings":328},{},{"title":330,"url":331,"geofencings":332},"Cryptocurrency guide","/learn/cryptocurrency-guide/",{"geofencing-uk":29},{"title":334,"url":335,"geofencings":336},"People profiles","/learn/people-profiles/",{},{"title":338,"url":339,"geofencings":340},"Security","/learn/security/",{},{"title":342,"url":343,"geofencings":344},"Tutorials","/learn/bitstamp-tutorials/",{},{"title":346,"url":347,"geofencings":348},"Web3","/learn/web3/",{},1776943626511]