What Is Harmony Token and How To Buy/Sell $ONE? | Bitunix Blog | Page 28 | Bitunix

What Is Harmony Token and How To Buy/Sell $ONE?

Harmony (ONE) is a blockchain platform designed to enhance the creation and use of decentralized applications (DApps). With a strong emphasis on scalability, speed, and security, Harmony employs innovative technologies like random state sharding and Fast Byzantine Fault Tolerance (FBFT) consensus to process transactions efficiently while maintaining decentralization. Since its launch in June 2019, Harmony […]
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BTC Price Reacts to Recession Fears, Investors Await February CPI Data

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U.S. Stocks & Bitcoin Price Plummet as Market Sentiment Turns Bearish

The financial markets faced a sharp downturn over the past 24 hours, with both U.S. stocks and cryptocurrencies experiencing significant losses. Bitcoin, which had previously surged due to optimism surrounding Donald Trump’s economic policies, has now erased all those gains.  The market’s fear index has also dropped to 24, reflecting growing investor anxiety. Analysts, however, […]
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What is LRC Crypto and How to Buy/Sell Loopring?

Loopring operates as a layer 2 solution, enhancing Ethereum’s scalability without compromising security. It functions by processing parts of Ethereum transactions on its own network, much like a side road easing congestion on a busy highway.  With claims of increasing throughput 1,000 times and reducing transaction costs to less than a cent, Loopring is a […]
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What Is Forta Coin and How To Buy/Sell $FORT?

Forta (FORT) distinguishes itself in the blockchain realm as a decentralized security network aimed at protecting the Web3 ecosystem. At its foundation, Forta harnesses the power of artificial intelligence (AI) and machine learning (ML) to deliver real-time threat detection and monitoring across various blockchain platforms.  This forward-thinking strategy ensures that blockchain applications and their users […]
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What Is Core DAO and How To Buy/Sell $CORE Crypto?

Bitcoin is the number one cryptocurrency in the digital assets market and is distinct from altcoins. The globally coveted asset serves just one purpose. It allows individuals to transact directly with one another over the internet, without the need for banks, payment processors, or any centralized authority.  Unlike Ethereum and other layer 1 blockchains, Bitcoin […]
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What is Ronaldinho Coin and How To Trade in $STAR10?

The illustrious Ronaldinho Gaúcho, whose artistry on the soccer field has left an indelible mark on the sport, has embarked on a novel venture into the dynamic world of digital currency. In a move that resonates across both sports and financial sectors, Ronaldinho has introduced his own memecoin, STAR10.  Ronaldinho Coin, officially known as STAR10, […]
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Solayer has positioned itself as a transformative force within the Solana ecosystem by introducing a suite of innovative features that enhance the network’s functionality. It is the first protocol on Solana that works with hardware instead of just decentralized software and cloud.  It moves some of the blockchain components into programmable chips which allows dapps […]

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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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