BingX APP
With this feature, you can transfer a specified amount of USDT from your subscribed Wealth products to use as Futures margin, providing support for your Perpetual Futures trades. Notably, these assets will continue to accrue interests in Wealth, serving a dual purpose and maximizing the use of your assets!
1. It applies only to USDT Wealth products, both flexible and fixed term, and doesn't support other cryptos at the moment.
2. It can only be used in Perpetual Futures and Perpetual Futures Copy Trading, including both isolated margin mode and cross margin mode. Standard Futures and other types of trading are not supported.
1. Improved capital efficiency. Earn profits from Wealth investment and Futures trading simultaneously. Advanced investors can flexibly manage their positions while enjoying Wealth returns.
2. 100% asset financing rate. Your Wealth assets used as margin can be fully employed as futures margin, which is significantly higher than the market's typical financing rate.
3. Secure Wealth returns even if there are unrealized losses in your futures positions (as long as they aren't liquidated).
Risk Warning
Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.
Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.
Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.