Full P2P Trading Guide – How To Buy and Sell USDT | Bitunix Blog | Page 31 | Bitunix

Full P2P Trading Guide – How To Buy and Sell USDT

Peer to peer (P2P) trading is a method of buying and selling cryptocurrency directly between users, with security and escrow handled by the trading site. Unlike traditional exchanges where trades occur between users and the platform, P2P crypto trading allows buyers and sellers to set their own terms, choose payment methods, and negotiate prices, all […]
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What is VeThor Token ($VTHO) & How to Trade VTHO Spot?

What Is VeThor Token and How Does It Power the VeChain Ecosystem? VeThor Token (VTHO) is central to the VeChainThor blockchain. Designed as a dual-token model alongside VET, it serves as the transaction fuel. VTHO stabilizes costs by separating utility from value, ensuring predictable fees for enterprises using the network. Its roles include: Powering Transactions: […]
$TREAT: The Fourth Pillar of the Shiba Inu Ecosystem | Bitunix Blog | Page 31 | Bitunix

$TREAT: The Fourth Pillar of the Shiba Inu Ecosystem

What Is Shiba Inu’s TREAT Token (TREAT)? TREAT is the latest addition to the Shiba Inu ecosystem: a dynamic utility and governance token designed to reshape digital interactions. Acting as a gateway to advanced features, TREAT goes beyond traditional tokens by integrating governance, rewards, and utility into a seamless Web3 experience.  With TREAT, the Shiba […]
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US First Lady Melanie Trump Launches Her Memecoin $MELANIA MEME

In a surprising move that has sent ripples through the crypto world, Melania Trump, the incoming First Lady of the United States, has launched her own memecoin called $MELANIA.  This development comes just days before her husband Donald Trump’s inauguration as the 47th President of the United States, and closely follows the launch of his […]
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What is SONIC ($SONIC) – How To Get & Use $SONIC?

Sonic is a Solana Virtual Network that employs a roll-up scaling technology to make Solana blockchain more scalable. The platform is designed to help developers build dApps at a rapid speed and with better functionality. It is believed that the network will enable web3 builders to bring the next billion people to decentralize the web. […]
What is Based AI and How to Buy & Sell $BASEDAI? | Bitunix Blog | Page 31 | Bitunix

What is Based AI and How to Buy & Sell $BASEDAI?

Based AI (BAI) is an innovative cryptocurrency token that integrates artificial intelligence (AI) technology with blockchain to create a unique ecosystem for AI-powered trading and decentralized applications.  Launched in 2024, Based AI aims to transform how AI models are owned, developed, and utilized within a decentralized P2P network (peer-to-peer) What makes Based AI ($BASEDAI) Unique? […]
What is Paal AI Token and How to Buy It? | Bitunix Blog | Page 31 | Bitunix

What is Paal AI Token and How to Buy It?

The intersection of LLMs and web3.0 has created an exuberant segment in which PAAL AI ($PAAL) stands as one of the most intriguing developments. Launched in July 2023, PAAL AI quickly gained attention in the crypto market, maintaining a substantial market cap of over $383 million. It is all due to the suite of products […]

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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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