{"id":27532,"date":"2024-12-11T08:50:23","date_gmt":"2024-12-11T08:50:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=27532"},"modified":"2024-12-11T08:50:23","modified_gmt":"2024-12-11T08:50:23","slug":"bydfi-is-launching-an-upgraded-perpetual-trading-system","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=27532","title":{"rendered":"BYDFi is Launching an Upgraded Perpetual Trading System"},"content":{"rendered":"

[PRESS RELEASE \u2013 Seychelles, Seychelles, December 11th, 2024]<\/strong><\/p>\n

BYDFi officially announced that the upgrade of the platform\u2019s Perpetual Trading System<\/a> has been completed. The upgrade not only improves core trading functionalities but also introduces three important functions of innovation and optimization, which comprehensively improve users\u2019 trading flexibility and asset security. Details of the features are as follows:<\/p>\n

Unrealized Profits for New Positions<\/strong><\/p>\n

This feature allows traders to use unrealized profits<\/strong> as a margin to open new positions without waiting for the current position to close. By reinvesting potential gains immediately, users can enhance fund efficiency and respond more dynamically in volatile markets.<\/p>\n

Hedging for Long-Short Positioning<\/strong><\/a><\/p>\n

Compared with the previous Two-Way Positioning Feature<\/strong>, the new hedging function<\/strong> allows users not only to hold both long and short orders in the same trading pair but also to easily realize risk hedging and income lock. Whether in the face of severe market volatility or when the trend is still uncertain, users can hedge operations to avoid potential risks, due to market fluctuations brought about by the retraction of earnings.<\/p>\n

Cross Margin Mode: Shared Funds for Reduced Liquidation Risks<\/strong><\/p>\n

In Cross Margin mode, all the funds in the user\u2019s account are aggregated to provide mutual support for multiple positions. That is, the user does not have to manually input the margin every time for each trade, because the system will automatically distribute funds across all open positions. This mechanism reduces the risk of a single position blowing up and enhances the overall stability of the account.<\/p>\n

\u201cListening to users, improving every step.\u201d<\/strong><\/p>\n

\u201cOur focus has always been on meeting user needs and ensuring trading security.\u201d Michael BYDFi\u2019s CO-Founder said, \u201cThe BYDFi product team stated that by actively interacting with users, they will continuously adjust and improve the platform\u2019s features to meet the diverse needs of the market\u201d.<\/p>\n

How to Access These New Features<\/strong><\/p>\n

Now an upgraded version of the perpetual contract system is live. Users can log in to BYDFi<\/strong><\/a> and enter into the perpetual trading interface to try the new features. Meanwhile, a welcoming interface, having been optimized, makes it easy for users to trade. Detailed guides in the Help Center or online customer service should solve all kinds of problems a user may face.<\/p>\n

Users can visit the BYDFi website<\/strong><\/a> or download the \u201cBYDFi App<\/strong><\/a>\u201d for more details.<\/p>\n

About BYDFi<\/strong><\/p>\n

Forbes-named Top 10 Best Crypto Exchange<\/strong>, BYDFi is trusted by millions of users worldwide and is recognized by top authoritative media in the industry, like CoinMarketCap and CoinGecko. It currently supports more than 600 tokens for <\/strong>spot trading<\/strong><\/a>, with options for leverage from 1x to 200x<\/strong> to suit every investment strategy. Its integration with leading global payment providers, including Banxa, Transak, and Mercuryo<\/strong>, provides ease of purchase for cryptocurrencies, making it possible to invest in crypto at low cost<\/strong>.<\/a><\/p>\n

Soon, \u201cBYDFi Copy Trading<\/strong><\/a>\u201d will enable users to copy strategies from the top traders in real-time with one click on the synchronized operation. BYDFi is dedicated to providing users with a world-class crypto Trading experience. BUIDL Your Dream Finance<\/strong>.<\/p>\n

The post BYDFi is Launching an Upgraded Perpetual Trading System<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

[PRESS RELEASE \u2013 Seychelles, Seychelles, December 11th, 2024] BYDFi officially announced that the upgrade of the platform\u2019s Perpetual Trading System has been completed. The upgrade not only improves core trading functionalities but also introduces three important functions of innovation and optimization, which comprehensively improve users\u2019 trading flexibility and asset security. Details of the features are […]<\/p>\n","protected":false},"author":0,"featured_media":27533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/27532"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27532"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/27532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/27533"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}