BitMart, a premier global digital asset trading platform, announced the launch of a brand-new derivative product, BitMart Futures, taking a big step toward its crypto-based financial product suites. With the new addition, users of BitMart can now perform spot trading, futures trading, OTC trading, and fiat gateway at one stop. BitMart also offers a VIP Program for its users to enjoy special trading fee discounts and earn referral commissions during the free trial.
BitMart Futures is currently offering 14 Perpetual Swaps, including BTC, ETH, EOS, BSV, LTC, etc. BitMart Futures supports Cross Margin Trading and Independent Margin Trading with relatively low trading fees in the market. Besides, users can choose different leverages with up to 100X and multiple order types, including Limited Order, Market Order, and Plan Order in different Perpetual Swaps. Therefore, users will have the opportunity to “customize” how they trade to optimize their trading strategies and maximize their profits.
BitMart Perpetual Swap allows its users to long and short a position simultaneously, enabling investors to flexibly adjust their investment portfolio according to short-term and long-term market changes. In addition, by using reasonable price marking and applying the Risk Limit mechanism, BitMart Futures significantly reduces traders’ risk of unnecessary liquidations.
To ensure users’ benefits, a tier trading fee system, similar to the one on BitMart Spot, has been applied to BitMart Futures. Users will enjoy a trading fee as low as 0% based on users’ 30-day trading volume. Furthermore, BitMart has announced its VIP Program designed exclusively for Futures VIP users.
“The Futures VIP Program has been running quite well since the launch in March!” said Sheldon Xia, Founder and CEO of BitMart. “We offer discounted trading fees, designated 1v1 Key Account Manager, 24/7 customer support, and free advanced trading strategies to our VIP users. We are aiming to continue improving the program and provide a satisfying trading experience to our users.”
BitMart has always been committed to providing users with a professional and secure one-stop trading service. Launching BitMart Futures meets the general trend of the blockchain industry. It enriches the product diversity at BitMart, enabling users to invest in different dimensions and optimize their investment portfolio by choosing the right products.
About BitMart Futures
Perpetual Swap is the main product of BitMart Futures. It refers to a kind of financial derivative that is similar to a traditional future. It can provide high leverage and allows users to long or short a position to profit from or hedge against the rise or decline of a digital asset’s price. On the other hand, Perpetual Swap has some features that make it different from other traditional futures. For example, there is no contract expiry nor the need for roll-over. As they don’t expire, a funding mechanism is adapted to anchor the perpetual swap price to the spot price.
BitMart is a premier global digital asset trading platform in the cryptocurrency market with over 2,000,000 users worldwide and ranks among the top 10 crypto exchanges on CoinMarketCap. BitMart currently offers 388 Spot trading pairs and 14 Futures trading pairs with relatively low trading fees in the market. Today, BitMart has offices in the United States, South Korea, Mainland China, and Hong Kong with employees in 15 countries and regions. To learn more about BitMart, visit their Website, Twitter, or join their Telegram.
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Last modified: June 27, 2020 12:38 PM UTC