What is Perpetual Futures Trading?
Bitunix perpetual futures trading, also known as perpetual contracts trading, is a cryptocurrency derivatives trading product offered by Bitunix. The USDT margined perpetual futures is commonly known as the U-Margined Futures, which means that the USDT is used as the denomination currency and also as the settlement currency. A perpetual future is a financial asset trading agreement with a specific crypto asset as the underlying, but without a specific delivery date, and the user can choose to hold the position at all times.
Bitunix perpetual futures support a variety of leverage multiples to meet the needs of different users with different revenue goals. Also, perpetual futures allow users to go long or short, allowing them to make gains in both up and down markets.
Bitunix Perpetual Futures Trading Product Page Explained
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Trading Pairs: Shows the current contract underlying cryptos. Users can click here to switch to other varieties.
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Trading Data: Current price, highest price, lowest price, increase/decrease rate and trading volume information within 24 hours.
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Funding Rate: Display the current and next funding rate.
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TradingView Price Trend: K-line chart of the price change of the current trading pair. On the left side, users can click to select drawing tools and indicators for technical analysis.
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Orderbook and Transaction Data: Display current order book order book and real-time transaction order information.
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Position and Leverage: Switching of position mode and leverage multiplier.
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Order type: Users can choose from limit order, market order and plan order.
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Operation panel: Allow users to make fund transfers and place orders.
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Asset information: Current account's margin and assets, profit and loss information.
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Position and Order information: Current position, current orders, historical orders and transaction history.