Guide to How Ethereum Code Runs, Smart Contracts Explained | Page 15 | Bitunix

Smart Contracts Explained, Beginner Guide to How Ethereum Code Runs

Smart contracts are the foundation of modern blockchain ecosystems. The concept of a smart contract refers to a self-executing agreement that is implemented as a computer program on blockchain technology. A smart contract is a computer program that can automatically execute an agreement when certain conditions are met. They enable developers to create decentralized applications, […]
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Fed Cut Supports Jobs as Shutdown Risk Jolts Crypto, BTC at 116K Resistance and 106K Support

On September 17, the Federal Reserve cut the policy rate by 25 basis points and signaled rising downside risks to employment in its official statement and subsequent communications. Chair Jerome Powell later remarked that United States equities appear “fairly highly valued,” which sharpened attention on valuation risk even as easier policy supports liquidity. Meanwhile, Washington […]
Building Secure Ethereum Smart Contracts in 2025 | Page 15 | Bitunix

Developing Secure Ethereum Smart Contracts in 2025

Smart contracts are one of Ethereum’s most important innovations. They are computer programs that run on blockchain technology, enabling automation and trustless transactions. They allow developers to create decentralized systems that operate automatically without intermediaries. By encoding logic into blockchain-based agreements, Ethereum smart contracts have enabled decentralized finance (DeFi), non-fungible tokens (NFTs), supply chain solutions, […]
Ethereum Token Standards for DeFi, NFTs, and Gaming | Page 15 | Bitunix

Understanding Ethereum Tokens and Their Use Cases

Ethereum has transformed the blockchain space by introducing programmable tokens that represent far more than currency. ERC20, ERC721, and ERC1155 are examples of ethereum based tokens, each following a specific technical standard that defines their behavior and interoperability. Unlike Bitcoin, which was primarily designed as a digital form of money, Ethereum allows developers to create […]
Top Strategies to Optimize Your Crypto Portfolio in 2025 | Page 15 | Bitunix

Best Strategies for Optimizing Your Crypto Portfolio

Have you ever looked at your collection of digital assets and wondered, “Is this really the best it can be?” You’re not alone. Most crypto investors assemble a few tokens they believe in, only to watch the market’s wild swings turn their careful picks into a source of anxiety. But what if you could transform […]
Securing Your Crypto Wallets Against Quantum Attacks | Page 15 | Bitunix

How to Secure Your Crypto Wallet in a Post-Quantum World

What if technology designed to protect your life savings today could be rendered obsolete by the technology of tomorrow? The rise of quantum computing presents a significant threat to the crypto security we’ve come to rely on. But what does that mean for you, and more importantly, what can you do about it right now? […]
Crypto FOMO Builds Ahead of Fed Decision and Bitcoin at 117K | Page 15 | Bitunix

Crypto FOMO Builds Ahead of Fed Decision and Bitcoin at 117K

Bitcoin is trading near 116,000, while Ethereum is holding steady around 4,497. Global financial markets are preparing for the upcoming decision from the U.S. Federal Reserve. Volatility is expected to rise as traders weigh the risk of positioning too early against the possibility of missing out on potentially decisive moves. Sudden changes in prices can […]

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FAQ

Frequently Asked Questions

Find quick answers to common questions about Bitunix accounts, fees, deposits, withdrawals, and contract trading.

How to calculate the handling fee?

Handling fees can be found here: View handling fee details.

How to increase my daily withdrawal limit?

If you need a higher daily withdrawal limit, after obtaining KYC2 Advanced ID Verification, submit a ticket providing the following information: your Bitunix UID, the name of the currency you want to increase the withdrawal limit of, and your desired limit.

Does Bitunix have official Telegram groups and official Twitter accounts?

Bitunix official Telegram group: Join Telegram

Bitunix official Twitter account: Visit X / Twitter

Feel free to start a live chat with our customer service agents, submit a ticket, or email us whenever you have questions.

It says the phone number was already taken when I tried to link my phone number to my account. Why?

One phone number can only be linked to one account or used as username. If the phone number is not linked to your own Bitunix account, link another phone number that also belongs to you. If the phone number is linked to your own Bitunix account, you need to unlink it from that account first.

How to deposit funds?

Go to "Wallet" - "Deposit" on the Bitunix website. Follow the instructions and provide the required information. Then transfer the funds to the deposit address.

How to withdraw funds?

Go to "Wallet" - "Withdraw" on the Bitunix website. Follow the instructions and provide the required information. Digital assets can only be withdrawn to wallets. Make sure the recipient address is correct before transferring assets.

Funds are not arriving after deposit. Why?

Please check the blockchain records first to make sure that the funds were successfully sent. Then check whether the deposit address is correct. If both are correct but the funds are still not arriving, contact support and provide your UID, deposited currency, amount, time, and TXID.

Funds are not arriving after withdrawal. Why?

Copy the TXID of the withdrawal in "Recent Withdrawals". Check whether the funds were sent successfully in blockchain records using the TXID. If the funds were successfully sent but still have not arrived, contact the recipient platform or wallet. If there is no blockchain record, contact Bitunix customer service.

Is the leverage ratio in contract trading directly related to the final profit?

The PNL of the contract is calculated by the number of positions. The leverage ratio determines the number of positions opened. The higher the leverage ratio, the lower the cost. The more positions opened, the easier it is for forced liquidation to be triggered.

How to calculate the reward ratio of contract trading?

Reward ratio of contract trading = Unrealized PNL (USD) / Margin * 100%.

What will happen to a position in contract cross margin mode when the other position has been forced to liquidate?

In cross margin mode, if one position is liquidated while the other position is still profitable, the unrealized PNL of the profitable position can be used as margin. As a result, the margin of the other position will be reduced, and the liquidation price will also change.

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