Bitunix, a comparatively new participant on this planet of crypto exchanges, has rapidly established itself as a big platform within the derivatives buying and selling area.
Launched in November 2021, Bitunix has expanded its attain and repute by securing important regulatory licenses and providing an honest set of options designed to fulfill the wants of various merchants.
With a consumer base of over 600,000 and a buying and selling quantity that exceeds $1 billion, Bitunix goals to be a safe and user-friendly change for crypto lovers across the globe.
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Regardless of its current inception, the platform wasted no time in turning into a big participant out there. By late 2022, Bitunix had already secured a US MSB registration and adopted that up with an SEC compliance license within the Philippines in early 2023.
Spot and Derivatives Buying and selling
Bitunix gives each spot and futures buying and selling, which caters to informal merchants and extra skilled traders. Spot buying and selling on Bitunix supplies entry to over 300 widespread cryptocurrencies, making it a flexible possibility for these trying to purchase or promote quite a lot of digital property.
Talking of futures buying and selling, Bitunix gives a strong buying and selling atmosphere with greater than 140 USDT-margined contract buying and selling pairs and as much as 100x supported leverage. This supplies substantial alternatives for these prepared to interact in high-risk, high-reward buying and selling methods.
Apart from, Bitunix helps Hedge Mode, permitting merchants to carry each lengthy and brief positions concurrently, including a layer of flexibility to their buying and selling methods. This characteristic is especially interesting to those that are well-versed within the complexities of futures buying and selling and need to maximize their potential returns.
Futures Bonuses
Now, a singular side of Bitunix is its futures bonus system, which is designed to draw new customers by giving them the possibility to expertise futures buying and selling with out the necessity to danger their very own capital.
The futures bonus is basically a promotional reward that customers can apply to their futures buying and selling account. Whereas these bonuses aren’t equal to actual property (they can’t be withdrawn or transferred), they do permit customers to interact in buying and selling and doubtlessly withdraw any earnings earned from trades executed with the bonus.
To use the futures bonus, customers have to comply with a easy course of:
Navigate to “Belongings”. Go to the “Belongings” part on the Bitunix platform.
Entry the Coupon Heart. Click on on “Coupon Heart”.
Activate Bonus. Click on the “Activate” button subsequent to the bonus you wish to use.
Test Bonus Steadiness. Confirm that the bonus is included in your obtainable steadiness.
Begin Buying and selling. Proceed to open positions in futures buying and selling utilizing the activated bonus.
It’s essential to handle these bonuses rigorously, as any losses incurred throughout buying and selling will likely be deducted from the bonus steadiness. Moreover, observe that transferring funds from the futures account earlier than the bonus is totally utilized will lead to its cancellation.
Copy Buying and selling
Apart from spot and derivatives buying and selling, Bitunix can also be identified for its copy buying and selling performance. Copy buying and selling is a device that enables much less skilled customers to duplicate the trades of extra seasoned traders. When a lead dealer makes a transfer, the system robotically mirrors that commerce for the follower.
This setup creates a mutually useful relationship: the lead dealer positive aspects followers and earns a share of the online revenue from their trades, whereas the follower advantages from the experience of a extra skilled dealer. Nonetheless, it’s vital to notice that whereas this could be a helpful studying device, it additionally carries dangers, as previous efficiency will not be indicative of future outcomes.
No Obligatory KYC
One of many platform’s most notable options is its no-mandatory-KYC coverage. Nonetheless, whereas this permits for better privateness and quicker registration, it additionally comes with limitations, significantly concerning withdrawal limits.
Customers can withdraw as much as $500,000 with out finishing KYC verification, which is likely to be greater than ample for a lot of merchants. Nonetheless, these trying to improve this restrict might want to endure the platform’s KYC course of, which incorporates offering identification and proof of residence.
This twin method balances consumer privateness with regulatory compliance, catering to a broad vary of consumer preferences.
Relating to privateness and safety, Bitunix emphasizes consumer safety by superior safety measures and maintains a strong reserve fund to make sure that consumer holdings are at all times protected.
All in all, Bitunix has positioned itself as a aggressive participant within the crypto change panorama, providing a mix of options that cater to a various consumer base. Whether or not you are a seasoned dealer on the lookout for high-leverage alternatives or a newcomer desirous about exploring the world of crypto by copy buying and selling, Bitunix supplies a complete platform that meets these wants.
Ain is the Lead Content material Researcher. Her huge expertise with crypto and blockchain tech-related content material permits her to establish the important thing items of data that must be introduced to the learner, and make sure the validity of the gathered knowledge.With a level in New Media research, she has developed an intensive record of strategies to teach folks through new, research-proven research fashions based mostly on deduction and long-term human reminiscence.Ain approaches all the things with unequivocal consideration to element. Her predominant targets are to erase the paradox surrounding many Web3 ideas, and to information content material writers in presenting tough crypto-related ideas in an easy-to-understand method.Regardless that content material technique is her predominant ardour, Ain additionally enjoys studying high-fantasy books and watching superhero films.
