The Good Tech Companies - Bitunix Protects Traders from Liquidations with New Futures Bonus Rule & Adds Conversion Tool

Episode Date: February 28, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/bitunix-protects-traders-from-liquidations-with-new-futures-bonus-rule-and-adds-conversion-tool. ... With this new feature, the expired futures bonus can remain in use if reclaiming it could force the position to be liquidated. If that's the case, the bonus won Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #cryptocurrency-derivatives, #crypto-derivatives-exchange, #dust-into-usdt, #good-company, #bitunix, #crypto-trading, #p2p-trading, and more. This story was written by: @bitunix. Learn more about this writer by checking @bitunix's about page, and for more stories, please visit hackernoon.com. The world's fastest-growing cryptocurrency exchange, Bitunix has recently introduced several updates, adding new features to improve trading efficiency and user experience. With this new feature, the expired futures bonus can remain in use if reclaiming it could force the position to be liquidated. If that's the case, the bonus won't be taken back. This helps traders avoid sudden losses and keep their positions stable. This also ensures traders can manage their positions without sudden disruptions, improving capital stability.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Batunix protects traders from liquidations with new futures bonus rule and adds conversion tool by Batunix. Singapore, February 27, 2025 Batunix has recently introduced several updates, adding new features to improve trading efficiency and user experience. Among these features is the new futures bonus logic. Through this feature, Batunix allows users to continue utilizing an expired futures bonus if it is still in use as a margin for an open position. The world's fastest-growing cryptocurrency exchange, Batunix has recently introduced several updates, adding new features to improve trading efficiency
Starting point is 00:00:42 and user experience. With this new feature, the expired futures bonus can remain in use if reclaiming it could force the position to be liquidated. If that's the case, the bonus won't be taken back. This helps traders avoid sudden losses and keep their positions stable. This also ensures traders can manage their positions without sudden disruptions, improving capital stability. Furthermore, the futures trading page now shows a record of futures bonus discounts, making it easier for users to track their bonus usage. Also, the Batunix mobile app has been upgraded to offer a smooth P2P trading experience. With these improvements, users can trade peer-to-peer anytime, anywhere, with enhanced speed and security. Greater than, all these features
Starting point is 00:01:26 are intended to make the trading process easier for users. Greater than especially the new futures bonus logic. It's really important and is a very greater than big advantage of our futures bonus for our users, said Bill Wong, but Tunix's greater than CMO. Turn leftover crypto known as dust into USDT instantly. Often, after spot trading, users are left with small token amounts commonly referred to as dust. Therefore, being able to convert these assets into USDT will maximize capital efficiency and will help users keep their portfolios clean. Hence, Batunix has launched the new Convert Small Balance feature through which users will have the opportunity to convert tokens worth less than 5 USD Tinto USDT at the current exchange rate. Users can utilize this feature once every 12 hours through the Small Balance Convert option in their Spot account.
Starting point is 00:02:18 They can select all the small balance tokens they wish to convert with just one click. Past conversions can be viewed in the transaction history, providing users with complete visibility into their balances and exchanges. How to use this tool is explained in detail by Batunix in this guide. Furthermore, Batunix exchange users can now convert their assets instantly on the exchange without the complexity of order matching. This comes thanks to the new convert feature, which is available in the web version and supports multiple cryptocurrencies. Users only need to select the currency they want to convert, and the system will automatically quote. After confirmation, the system converts
Starting point is 00:02:56 without adding any fees, making transactions faster, simpler, and more efficient than ever before. In a recent survey as per Crypto News, 76% of cryptocurrency traders expressed a preference for spot trading, highlighting its significance in the crypto market. Hence the convert feature in the spot market by Batunix. New Task Center and Campaign Hub for more rewards. In addition to these major updates, Batunix has also introduced other new features to improve the user experience. The task center offers personalized tasks based on account status, rewarding users for completing KYC verification and reaching trading milestones. The campaign center is a dedicated space for all promotions, including special campaigns
Starting point is 00:03:39 for key opinion leaders, KOLs, ensuring users never miss out on rewards. With these improvements, Batunix continues to lead the way as the world's fastest-growing crypto exchange by offering a more intuitive, efficient, and rewarding platform. About Batunix Batunix is a global cryptocurrency derivatives exchange founded in 2021, committed to offering simple, secure, transparent, and cost-effective trading services to its users. Batunix specializes in both spot trading and perpetual futures, with over 700 trading pairs and leverage of up to 125x. With features such as top-tier liquidity, 24-7 customer support, and a strong commitment to regulatory compliance, Batunix remains at the forefront of providing a
Starting point is 00:04:25 reliable trading experience for the global crypto community. Batunix's attracted more than 2 million users from over 100 countries, facilitating a daily trading volume exceeding $5 billion on its platform. Website, Telegram, X, LinkedIn Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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