9thMarch, 2020, Singapore – Global digital assets trading platform, BiKI.com has announced the launch of its newproduct, Perpetual Contract, to meet the growing derivatives market demand.
No strangers to volatility, cryptocurrencyinvestors are turning to the derivatives market as spot trading falls short oftrader expectations in terms of profitability. The fast-growing exchange haslaunched BiKi Perpetual Contract in a bid to meet users’ hedging and investmentneeds.
The popularity of the futures contract hasmeant that competition is rife amongst exchanges in this market. To position as a strong contender, BiKi hascarefully formulated its product to ensure an excellent user experience inaspects of risk control, system design and service, allowing the platform roomfor sustainable development. Offering obvious advantages, BiKi hopes theproduct will win over its platform users.
Advantages
BiKi Perpetual Contract supports up to 150times of leverage to open positions. Thiscaters to long-term position requirements and offers flexibility in the numberof times of leverage, catering to investors’ different risk aversions.
Core Features of BiKi Perpetual Contract
1. From their assets, users can choose theamount and type of cryptocurrency they wish to transfer to their Swap Accountfrom the Contract trading page, to serve as the margin for contract trading.This will guarantee efficient transacting, without having to consider exchangetransactions between stablecoins and mainstream tokens, saving time and cost.
2. BiKi supports USDT-based margin contractand inverse contract transactions of mainstream tokens (BTC, ETH), which can beexecuted in limit and market orders, including trigger order for stop-orders,so traders do not need to constantly monitor rates to reap benefits or reduceloss.
3. BiKi Perpetual Contract offers “noovernight fees, no funding fees”. This allows users to enjoy reduced costs,reducing the risk for users as well.
4. BiKi uses zero clawback + marginmechanism with 100% flexible settlement of profits. In the past, many exchangeswho launched contract products distribute contract benefits to users based on acertain ratio that prevents the exchange from losing out on profits. BiKi, onthe other hand, uses a “zero clawback” approach, to reduce risk with contractso users can rest assured they will be awarded the rebates they deserve.
Hence, it can be seen that the BiKi Perpetual Contract covers nearly allthe advantages of contract products on the market and eliminates the common‘lesions’ in some products. As regarding security issues that investors aremore concerned with, BiKi.com has set up a series of risk control measures to protect users.
SignUp as Contract Brokers to Enjoy Multiple Benefits
BiKi is launchinga complete set of ‘contract broker mechanisms’ in early March to allow platformusers to enjoy multiple benefits.
A singlecommunity of more than 10 people may apply for contract broker status. Userswho are agents or brokers on other platforms can directly obtain BiKi brokerstatus to begin enjoying high commission rebates.
BiKi contractbrokers also get to enjoy these benefits:
- independent back-end andsame-day settlements
- access to 100%-accuracy,real-time reporting data provided by BiKi
- access to BiKi’s loyalcustomers and strong community
- assistance from BiKi to startcontract trading classes
- media promotion to extendbrokers’ influence
BiKi’s completeset of broker services as well as community and market resources allow brokersto reap long-term benefits.
Educate Users as a Priority
In futurescontracts, high returns are often accompanied by high risks, hence the existingentry thresholds. BiKi.com is aware that without strong technology skills, adeep understanding of risk control capabilities and the financial system, itwill be difficult to navigate in this market.
To aid novice users who are unfamiliar withregulations and market risks, BiKi has launched a contracttrading tutorial toeducate users on how to use contract products. This cautious attitude is inline with BiK’s user-centric approach of prioritizing users.
Always community-and user- driven, this approach extendsto all aspects of how the exchange operates. With users as priority, BiKiconsistently fine-tunes products and innovates new products, all the whilestrengthening its product lines while gaining user trust.
2019 has seenBiKi execute on many fronts. On the one hand it has launched mining pools,leverage, lending and other products, and on the other, it has deployedglobally to push BiKi.com to a wider market. Whether it isexecution or innovation, the exchange has gained the recognition of industryprofessionals.
With plenty ofroom to still grow, the entire digital currency market needs consistentrevisions and iterations for a healthier, more complete, professional andtransparent development. New playersentering the market in the name of innovation and change will do well to alwaysensure that users are prioritized and that all products should be designed andimproved with this in mind.
AboutBiKi.com
Headquartered inSingapore, BiKi.com is a global cryptocurrency exchangeranked Top 20 on CoinMarketCap. BiKi.com provides a digital assets platform fortrading more than 150 cryptocurrencies and 280 trading pairs. BiKi.com isfocused on providing the safest, most stable and most effective cryptocurrencytrading platform. 100% of the transaction fees are used in buyback and burningof platform token, BIKI. Since its official opening in August 2018, BiKi.com isconsidered one of the fastest-growing cryptocurrency exchanges in the worldwith an accumulated 2 million registered users, 200,000 daily active users,over 2,000 community partners and 200,000 community members. BiKi.com has receivedinvestments from Huobi co-founder Du Jun, Genesis Capital Zhu Huai Yang, FBGCapital, ChainUP and others totaling approximately 10 million USD.
Media Contact:
Marketing Team
Chang Jie Lin, BiKi.com
[email protected]
+65-94556702
Cecilia Wong, yourPRstrategist.com[email protected]
