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Ready to Launch | BingX Futures Monthly Report (December 2023)
2023-12-27 15:30
Preface
The cold winter has passed, and a warm spring is on the horizon.
In 2023, BTC has surged as much as 160% despite regulatory challenges, thus rekindling market enthusiasm.
As 2024 unfolds, we stand united and ready to launch.
BingX Futures Monthly Report is a dedicated feature initiated by the BingX Futures product and operations team.
In this edition, we'll introduce the latest updates on the developments within BingX Futures over the past month.
Discover the latest product features, explore newly listed trading assets, stay informed about liquidity changes and catch up on exciting perks and events.
With BingX Futures Monthly Report, our goal is to deepen your understanding of BingX products and our team. We encourage you to share your experience, thoughts or suggestions when using our products to help us shape an even better BingX experience for you.
I. Futures Product Updates in December
1. Introduced BingX's "Perpetual Futures Bonus", an enhanced bonus now available in both Standard Futures and Perpetual Futures.
Supported app version: V4.8.0 or above (download the latest update here)
*Please stay tuned for upcoming events, as our Perpetual Futures Bonus vouchers are issued periodically.
2. "Position TP/SL" feature now available, enabling users to close a position when the trigger price is reached, without considering order amount and position changes.
Supported app version: V4.7.0 or above (download the latest update here)
II. Latest Futures Asset Update
1. Newly Listed Assets:
As of the end of December, BingX Perpetual Futures have supported 208 trading pairs, and Standard Futures have supported 264 trading pairs.
Here are the assets added in December, feel free to trade them here:
|
Trading Pairs
|
Perpetual Futures
|
Standard Futures
|
|
OSMO/USDT
|
✅
|
✅
|
|
MOVR/USDT
|
✅
|
✅
|
|
FTT/USDT
|
✅
|
✅
|
|
ACE/USDT
|
✅
|
✅
|
|
AUCTION/USDT
|
✅
|
✅
|
|
CTC/USDT
|
✅
|
✅
|
|
JTO/USDT
|
✅
|
✅
|
|
MTL/USDT
|
✅
|
✅
|
|
STARL/USDT
|
✅
|
✅
|
|
AXL/USDT
|
✅
|
/
|
2. Futures Asset Liquidity Performance
In our commitment to enhancing user trading experiences, BingX consistently concentrates on developing and optimizing liquidity. We regularly publish relevant data to provide you with a more intuitive understanding of our platform's liquidity.
2.1 Spread Performance
Slippage refers to the difference between the final filled price of an order and the best price on the order book. The smaller the slippage, the better the liquidity, resulting in lower trading costs for users.
The image below displays the slippage performance of various trading platforms on 2023-12-15 (based on the 24-hour average).
2.2 Depth Performance
Depth is a commonly used indicator to measure liquidity, representing a platform's ability to withstand large transactions without significant price fluctuations. It is typically depicted by the order quantity within a certain range of the filled price. The more orders placed, the better the depth.
The image below displays the depth performance of various trading platforms on 2023-12-15 (based on the 24-hour average).
If you have any doubts or opinions regarding the liquidity of cryptocurrencies when trading Perpetual Futures, feel free to share your feedback with us.
III. Latest Futures Event
The SuperX Christmas Team Contest has officially kicked off!
Compete in team trading volume to climb the rankings and share rewards of up to 400,000 USDT!
Team Contest Period: 2023-12-17 10:00 to 2023-12-31 10:00 (UTC+8)
Visit Promotion Center to discover more events >>
See also:
