Taproot vs Tornado Cash: Bitcoin and Ethereum Privacy | Page 21 | Bitunix

Taproot vs Tornado Cash: How Bitcoin and Ethereum Achieve Transaction Privacy

Privacy has always been a core discussion in cryptocurrency. While Bitcoin was initially thought of as anonymous money, blockchain transparency makes every transaction traceable. Ethereum, as a programmable platform, also exposes user activity through public smart contracts. Two technologies have emerged to address these issues: Taproot on Bitcoin and Tornado Cash on Ethereum. Both aim […]
Bitcoin vs Ethereum 2025: Script vs Smart Contracts | Page 21 | Bitunix

Bitcoin Script vs Ethereum Smart Contracts: Why Bitcoin Stayed Simple

Bitcoin and Ethereum are the two most influential blockchains in the world, but they serve very different purposes. Bitcoin was designed to be digital money, while Ethereum became the foundation for decentralized applications (DApps) and programmable finance. The contrast between Bitcoin’s Script language and Ethereum’s smart contracts explains why these two blockchains evolved in different […]
Proof of Work vs Proof of Stake 2025: Bitcoin vs Ethereum | Page 21 | Bitunix

Why Bitcoin Chose Proof of Work While Ethereum Moved to Proof of Stake

The security and sustainability of blockchain networks depend on their consensus mechanisms. Bitcoin and Ethereum, the two largest cryptocurrencies, have taken different paths. Bitcoin remains committed to Proof of Work (PoW), while Ethereum transitioned to Proof of Stake (PoS) in 2022 with “The Merge.” Understanding the differences between Proof of Work and Proof of Stake […]
Ethereum Proof of Stake Explained: How PoS Transformed Blockchain | Page 21 | Bitunix

How Ethereum’s Transition to Proof of Stake Changed Blockchain Forever

When Ethereum launched in 2015, it followed Bitcoin’s model of Proof of Work (PoW) to secure its blockchain. However, Ethereum was always envisioned as more than a digital currency. It was designed to be a decentralized computing platform that could support smart contracts, decentralized applications, and financial ecosystems. To achieve that long-term vision, Ethereum needed […]
Powell’s Jackson Hole Speech Moves Gold and Bitcoin | Page 21 | Bitunix

Markets React to Powell’s Jackson Hole Speech: Gold and Bitcoin at Key Levels Amid Rate Cut Bets

Federal Reserve Chair Jerome Powell’s Jackson Hole speech on August 22, 2025, immediately rippled across global markets. Powell acknowledged that interest rate cuts are now under active consideration, citing rising risks to employment and persistent tariff-driven inflation pressures. While Powell avoided committing to a timeline, futures markets rapidly priced in a strong chance of a […]
What Is the Ethereum Virtual Machine (EVM) and Why It Matters | Page 21 | Bitunix

Ethereum Smart Contracts: How One Innovation Enabled Thousands of DApps on the Ethereum Virtual Machine

Ethereum is more than just a cryptocurrency. At the core of its power lies the Ethereum Virtual Machine (EVM), the global decentralized computer that makes smart contracts and decentralized applications (DApps) possible. As the engine of Ethereum’s decentralized blockchain, the EVM is central to its secure, peer-to-peer architecture that operates without a central authority. Without […]

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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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