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 Digital assets can only be withdrawn to wallets.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

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AI is moving at the speed of light and it has found ground in blockchain. Amongst emerging AI solutions in Web3, GM.AI is sweeping the attention with the very first multi agent LLM designed for Solana blockchain and also the platform’s native token just went live on some notable exchanges. In this article, we will […]

What are the Different Order Types in Crypto?

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Trading cryptocurrencies successfully requires more than simply deciding when to buy or sell. The way you place your order determines how the trade is executed, the price you get, and the risk you carry. These instructions to the exchange are called crypto order types, and understanding them is one of the foundations of becoming a […]

Market Orders, Limit Orders, and Stop Orders | Bitunix | Page 34 | Bitunix

Understanding Market Orders, Limit Orders, and Stop Orders

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In crypto trading, one of the first things beginners encounter is the order book—a list of buy and sell orders waiting to be executed. To interact with this order book, traders use different types of orders such as market orders, limit orders, and stop orders. Each order type works differently and has its advantages, disadvantages, […]

Margin Trading: How to Trade Crypto with Leverage

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In this article, we examine the idea of margin trading cryptocurrency, focusing on Bitcoin and other digital assets. We will also cover how you can apply leverage trading in a way that aligns with your trading goals. Margin trading allows traders to manage a large amount of crypto assets with only a small initial deposit […]

Understanding Crypto Funding Rate: Full Guide

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What Are the Mark Price and Last Price?

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Mark Price represents the current market value of the asset underlying a futures contract. It is a calculated value used to determine margin requirements and liquidation levels, reducing the risk of manipulation and ensuring fair valuation. while Last Price, is the most recent transaction price of a futures contract, reflecting the exact price at which […]

What Is The Liquidation Price in Crypto

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In crypto trading, Bitunix has implemented an advanced liquidation mechanism for futures positions, aiming to provide a more secure and transparent trading environment. This new system addresses key aspects of liquidation criteria, estimated liquidation prices, and the rationale behind liquidation before reaching the estimated Liquidation price, ensuring traders understand the risks involved. What is the […]

Crypto Margin Trading: Ultimate Guide

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Crypto trading has grown significantly in the past decade, and one of the advanced methods that traders use to maximize potential profits is margin trading. What is crypto margin trading? It allows traders to borrow funds from an exchange to open positions larger than their own capital would normally permit. While this can magnify gains, […]

What is Market Price In Crypto

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For the past decade, a new way to make payments has evolved, cryptocurrencies with Bitcoin being the largest one. Modelling and understanding the market behaviours of these currencies is essential to those who decide to invest in this new asset. Cryptocurrencies are also used to do transactions between users which makes the stability of the […]

How to Set Up and Modify Take Profit and Stop Loss on Bitunix

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Cryptocurrency trading is highly volatile, and prices can move dramatically in minutes. To manage this risk and secure profits, traders use two essential tools: take profit (TP) orders and stop loss (SL) orders. These automated instructions allow you to set clear exit points, reducing emotional trading and ensuring more consistent strategies. This guide explains what […]