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 Digital assets can only be withdrawn to wallets.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.

Bitunix Crypto Blog | Web3 Guides, Trading News & Insights

Crypto Weekly Market Overview（22.10- 28.10) | Bitunix | Page 32 | Bitunix

Crypto Weekly Market Overview（22 October – 28 October)

October 29, 2024

Crypto Weekly Market Overview: The Start of a Surge or the Peak of the Mountain? Fear & Greed Index This Tuesday, the sentiment index climbed to 72, a 3% increase from last week’s 70. With BTC breaking through the 71,000 mark, the Fear & Greed Index remains firmly in the “Greed” zone, reflecting a heightened […]

Cryptocurrency Weekly Market Overview（15.10-21.10) | Bitunix | Page 32 | Bitunix

Cryptocurrency Weekly Market Overview（15 October – 21 October)

October 22, 2024

Crypto Weekly Market Overview: Short Positions Favored in the Coming Week Fear & Greed Index On Tuesday, the sentiment index registered at 70, up from 65 last week, marking an 8% increase. After BTC broke through the 69,500 mark and retraced to 66,500, it continues to hover around 67,600. The Fear & Greed Index remains […]

5 Best Strategies for Crypto Futures Trading

October 16, 2024

Crypto futures trading has become a popular instrument allowing anyone to buy and sell cryptocurrencies without having to own the asset. While spot trading enables you to buy and sell assets, futures contracts allow you to place a trade contract by going long or short on an asset with a small margin. What sets futures […]

Long vs Short Position: Main Differences | Bitunix | Page 32 | Bitunix

Long vs Short Position: Main Differences in Crypto Futures Trading

October 14, 2024

In crypto trading, one of the most important concepts to understand is the difference between long and short positions. Unlike spot trading — where you only profit if prices rise — futures contracts allow traders to benefit from both upward and downward market moves. Knowing the difference between a long position vs short position in […]

What Is an Order Book in Crypto? Guide to Reading and Analyzing Order Books

October 11, 2024

An order book in crypto is a real-time electronic list of all open buy and sell orders for a specific trading pair on an exchange. It shows the bid (buy) and ask (sell) prices, along with the quantities traders are willing to buy or sell. This gives a transparent view of order book depth, liquidity, […]

Crypto Weekly Market Overview（01.10 - 07.10) | Bitunix | Page 32 | Bitunix

Cryptocurrency Weekly Market Overview（01 October – 07 October)

October 8, 2024

Crypto Weekly Market Overview: The Theme of the Week is Patience — Wait for the Pullback to Go Long Fear & Greed Index As of this Tuesday, the sentiment index stands at 49, down slightly from last week’s 50, marking a 2% decrease. After BTC dipped below 60,000, it quickly rebounded to around 64,000 […]

What Is Maintenance Margin In Crypto Trading?

October 7, 2024

In crypto futures trading, one of the most important concepts to understand is the maintenance margin (MMR). It is the minimum equity a trader must hold in their account to keep a leveraged position open. If account equity drops below this level, the exchange will trigger a margin call or automatically liquidate positions to prevent […]

Long Position in Crypto: Definition and Example

October 4, 2024

In crypto trading, especially futures, the term long position comes up frequently. Many beginners ask: what is a long position in crypto? Simply put, a long position means buying a cryptocurrency (or entering a futures contract) because you believe the price will rise. If the market goes up, your position gains value. Key Takeaways: What […]

Crypto Weekly Market Overview（24.09 - 30.09) | Bitunix | Page 32 | Bitunix

Cryptocurrency Weekly Market Overview（24 September – 30 September)

October 2, 2024

Crypto Weekly Market Overview: Is the Pullback Beginning or Ending? Fear & Greed Index This Tuesday, the sentiment index stands at 50, down 8% from last week’s 54. With BTC having surged near 66,000 and now hovering around 63,500, the Fear & Greed Index remains neutral, reflecting the market’s cautious balance between fear and optimism. […]

Reduce-Only Order in Crypto Trading - Full Guide | Bitunix | Page 32 | Bitunix

Reduce-Only Order in Crypto Trading: A Comprehensive Guide

September 26, 2024

In the fast-paced world of crypto trading, understanding different order types is crucial for maximising profit and minimising risk. One such order type is the reduce-only order, a valuable tool for traders who want to manage their positions more effectively. Whether you’re a seasoned trader or just getting started, grasping how reduce-only orders work can […]