BYDFi’s perpetual trading upgrade: Trading flexibility and asset security
Users unlock unrealised profits, advanced hedging and automatic cross margin mode
BYDFi officially announced that the upgrade of the platform’s perpetual trading system has been completed. The upgrade not only improves core trading functionalities but also introduces three important functions of innovation and optimisation, which comprehensively improve users’ trading flexibility and asset security.
Unrealised profits open new positions
When a user holds a profitable position in the course of trading but has not yet closed the position, the user can use this function to open a new position. This feature allows the user to use this unrealised profit as a margin to quickly create new positions and multiply their profits.
This breakthrough overcomes the limitations of traditional trading models, allowing users to reinvest funds immediately instead of waiting for settlement. This feature is particularly advantageous in fast-moving markets, enabling traders to seize opportunities and maximise profits.
Hedging for long-short positioning
Compared with the previous two-way positioning feature, the new hedging function allows users not only to hold both long and short orders in the same trading pair but also to easily realise 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.
Cross margin mode
In cross margin mode, all the funds in the user’s 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. The BYDFi team shared that user demands and security have always remained a priority above all.
“Our focus has always been on meeting user needs and ensuring trading security. The BYDFi product team stated that by actively interacting with users, they will continuously adjust and improve the platform’s features to meet the diverse needs of the market.”
How to access these new features
Now an upgraded version of the perpetual contract system is live. Please log in to BYDFi and enter into the perpetual trading interface to try the new features. Meanwhile, a welcoming interface, having been optimised, makes it easy for users to trade.
Detailed guides in the help centre or online customer service should solve all kinds of problems a user may face.
Please visit the BYDFi website or download the BYDFi App for more details.
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