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Three Things You Need to Know Depth Stability and Risk Contro
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Date:2024-04-22 17:58:49 Channel:Trade Read:
In the field of digital currency trading, the BitMax contract has attracted much attention. Its depth, stability and risk control have attracted much attention. This article will conduct an in-depth discussion of the BitMax contract from multiple angles, revealing the secrets and key points behind it.In today’s digital currency market, depth is a crucial metric. BitMax contracts are highly sought after precisely because of their trading depth. Depth not only reflects the activity of the market, but also is the basis for traders to conduct efficient transactions. By diving into the depth of BitMax contracts, investors can better grasp the pulse of the market and make informed trading decisions.Stability is one of the core competitiveness of digital currency exchanges. The BitMax contract has outstanding performance in terms of stability and has been recognized by the majority of investors. A stable trading platform can effectively reduce investors' risks and ensure the smooth progress of transactions. BitMax Contract continues to improve the stability of the platform by continuously optimizing the technical structure and risk control system, providing investors with a safe and reliable trading environment.Risk control is a crucial part of digital currency trading. BitMax contracts effectively prevent various transaction risks through strict risk control measures. From the formulation of trading rules to the issuance of risk warnings, BitMax Contract always puts risk control first. Investors can feel more assured and enjoy a more robust trading experience when trading on BitMax contracts.In the context of frequent fluctuations in the digital currency market, investors have increasingly stringent requirements for the depth, stability and risk control of exchanges. BitMax Contract has won market recognition and trust due to its excellent performance. Investors can safely choose BitMax contracts for transactions and enjoy professional and secure digital currency trading services.Overall, BitMax contracts perform outstandingly in terms of depth, stability, and risk control, providing investors with a high-quality trading experience. When investors choose a digital currency exchange, they can use BitMax contracts as their first choice, trading with confidence and making steady investments. In-depth analysis of the BitMax contract reveals its value and advantages, helping investors achieve a win-win situation of wealth appreciation and risk control.The four most famous international exchanges:
Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL
Note: The above exchange logo is the official website registration link, and the text is the APP download link.
BitMax
(BTMX.com) is a digital asset trading platform built by a senior quantitative trading team on Wall Street. It adheres to the three core values of efficiency, transparency and stability, adheres to the brand positioning of "leading the industry with product innovation", and is committed to providing institutional and individual customers with With a wide range of financial products and related services, it is a global leader in the digital asset trading industry.
At the crossroads of history where the economy continues to develop and change, "digitalization" has given the times a new round of change. Emerging digital finance and its derivatives such as digital asset investment and cryptocurrency trading have been loved and sought after by the public, and more and more people have enjoyed the benefits of the spot market and futures contract market.
As one of the most important industries in the current virtual currency market, exchanges still have red flags for established companies and there is an endless stream of newcomers. However, most exchanges choose to invest most of their resources and energy into marketing and hype, leaving product polishing to their own devices. This gives BitMax (BTMX.com), a trading platform with a robust system and product innovation as its core concepts, an opportunity to stand out.
1. The strength is obvious to all, so it is favored
March 2020 is an unforgettable month for global investors. As the coronavirus spread across Europe and the United States in early March, a comprehensive liquidity crisis occurred in the financial market. The cryptocurrency industry suffered two sharp declines on March 12 and March 13, and the price of Bitcoin rarely halved.
Unprecedented 3.12 &
The 3.13 incident will surely be remembered in the history of digital currency - this extreme market situation can be described as a landmark event in the replacement of the old with the new and the reshuffling of contract exchanges. During the 24 hours of fierce market conditions, BitMax relied on its Wall Street-level system architecture to experience no downtime, no lag, and no lag. It was the only one to maintain good operation during the major shock that occurs once in several years.
After this battle, BitMax’s strength has been highlighted and attracted wider attention from the entire industry. Its stable performance, differentiated products, and highly loyal user groups have made more institutional traders strengthen their willingness to use it, and both spot and contract transaction volumes have reached record highs.
“Our trading volume and market share have increased dramatically in the past six months, with new breakthroughs almost every day.” BitMax founder and CEO Dr. Cao Jing confirmed this in an interview.
In comparison, some exchanges were trading on 3.12 &
The performance was poor during the 3.13 plunge. Exchanges O and Bin were down, and exchanges B and H had to unplug their network cables to prevent the price from falling. This resulted in a large number of investors on these platforms liquidating their positions, and even individual users are still on the road to safeguarding their rights.
2. Three major features of BitMax contract, paving the way for breakthrough
Today, the spot market conditions at home and abroad are generally sluggish; but from another perspective, the enthusiasm for the derivatives market continues to rise, and more and more institutions and retail investors are focusing on the futures sector.
Since March 2020, BitMax’s trading share has grown rapidly. In addition to its excellent platform performance that has won the trust of users, the newly released perpetual contract product is also an important contributing factor. The reason is that BitMax has solved the four major pain points of contract trading. : Depth, stability, risk control, delivery.
First, a major pain point in contract trading is depth. BitMax has put a lot of effort into depth before promoting contracts on a large scale. Not only has it connected with many powerful market makers and institutional users around the world, but it has also cooperated with Bithumb, a member of the Bithumb family that focuses on derivatives trading.
Futures has reached a strategic cooperation. The trading volume of Korean users plays an important role in global markets. This gives BitMax contracts a further advantage in terms of depth.
Second, the stability of the system. Just imagine, the market is turbulent, which is when the demand for leverage trading and derivatives trading is booming. When institutional users spend huge sums of money to enter the market and retail investors are gearing up, if the market is delayed due to the failure of the exchange system, they may miss a good opportunity at best, or lose all their money at worst. However, in the past eight months, BitMax has not experienced any downtime events, nor any unplanned system maintenance. This has established a foundation of trust for a large number of retail and institutional traders. In the past two months, more and more top market-making institutions have poured into BitMax. On the one hand, this has encouraged BitMax to continue to adhere to high standards and strict requirements in system infrastructure. On the other hand, it has also further optimized BitMax’s trading depth.
Third, unique risk control mechanism. BitMax has a protection price. When an order is too large and the market fluctuates violently or the user is liquidated, orders exceeding the protection price will not be dumped into the secondary market.
, but directly to BitMax’s special market maker at this price. This greatly reduces the probability of injection, thereby protecting the user's property and interests. This is called the "Liquidity Provider Guarantee Mechanism (BLP)" by BitMax.
Fourth, considerate delivery time and frequency settings. BitMax's liquidation frequency is very high, once a minute or even less than a minute. Therefore, users who make profits on their positions can quickly turn them into profits to add margin and open more positions. By delivering contracts more frequently and liquidating profits and losses, BitMax maximizes operational convenience for users.
“We at BitMax are very confident in providing you with the best contract services.” Dr. Cao Jing said confidently.
3. Enlightenment brought by the rise of BitMax
In the past two years, established exchanges have begun to focus on expanding business types and marketing, but have relaxed product design and user experience. Their market share has been rapidly eroded by rising stars. BitMax is an outstanding representative of these rising stars. Now, BitMax’s products and systems are well-known, and the user base is even more solid, visible on a daily basis.
Spontaneous promotion by “loyal fans” is proof of this. This comes from BitMax's willingness to listen to the needs of the user community and design products based on what users need and think, thus gaining the recognition and trust of more users.
It can be said that BitMax’s rapid entry into the ranks of leading exchanges from its establishment is the inevitable result of complying with user needs and industry development. In an industry context where the functions of contract products are converging, seeking common ground while reserving differences, winning in the details, and providing products that reassure users and solve their pain points and needs are the reasons why BitMax Contracts came from behind and won at the starting line.
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