Bit.com, a cryptocurrency derivatives exchange, today revealed the main launch of its brand-new expert Unified Margin (UM) trading system that can utilize all currency possessions for margin to trade its complete series of items. Currently, UM mode is supported on web and API (to release on mobile app later on).
With the brand-new trading platform, users can trade area plus derivatives settled in all currencies with simply one security currency as margin.
Compared to the previous trading system on Bit.com, the UM trading system includes:
- Brand-brand-new account structure with one-click migration, no fund transfer is needed
In the UM mode, users can trade area, margin, continuous, futures, and choices in the exact same account:
- Multi-currency margin offers greater capital effectiveness
All possessions in an account are determined in USDT with hairstyle ratios to merge margin for all positions:
- Combined estimation of revenue and loss for all positions
Profit and loss of numerous positions users hold will be integrated and balanced out versus each other:
- The brand-new system supports loaning for trading
“Bit.com’s Unified Margin (UM) system, as an upgraded trading and risk management system launched by the exchange, offers a one-account solution to our customers by allowing them to utilize all assets in the account as collateral to trade all products.”
– The Bit.com Team
