BiKi.com Launches BiKi Perpetual Contract, Enters Market as Strong Contender

Advertisment

9th
March, 2020, Singapore
–  Global digital assets trading platform, BiKI.com has announced the launch of its new
product, Perpetual Contract, to meet the growing derivatives market demand.

No strangers to volatility, cryptocurrency
investors are turning to the derivatives market as spot trading falls short of
trader expectations in terms of profitability. The fast-growing exchange has
launched BiKi Perpetual Contract in a bid to meet users’ hedging and investment
needs.

The popularity of the futures contract has
meant that competition is rife amongst exchanges in this market. To position as a strong contender, BiKi has
carefully formulated its product to ensure an excellent user experience in
aspects of risk control, system design and service, allowing the platform room
for sustainable development.
Offering obvious advantages, BiKi hopes the
product will win over its platform users.

Advantages

BiKi Perpetual Contract supports up to 150
times of leverage to open positions. This
caters to long-term position requirements and offers flexibility in the number
of times of leverage, catering to investors’ different risk aversions.

Core Features of BiKi Perpetual Contract

1. From their assets, users can choose the
amount and type of cryptocurrency they wish to transfer to their Swap Account
from the Contract trading page, to serve as the margin for contract trading.
This will guarantee efficient transacting, without having to consider exchange
transactions between stablecoins and mainstream tokens, saving time and cost.

2. BiKi supports USDT-based margin contract
and inverse contract transactions of mainstream tokens (BTC, ETH), which can be
executed in limit and market orders, including trigger order for stop-orders,
so traders do not need to constantly monitor rates to reap benefits or reduce
loss.

3. BiKi Perpetual Contract offers “no
overnight fees, no funding fees”. This allows users to enjoy reduced costs,
reducing the risk for users as well.

4. BiKi uses zero clawback + margin
mechanism with 100% flexible settlement of profits. In the past, many exchanges
who launched contract products distribute contract benefits to users based on a
certain ratio that prevents the exchange from losing out on profits. BiKi, on
the other hand, uses a “zero clawback” approach, to reduce risk with contract
so users can rest assured they will be awarded the rebates they deserve.

Hence, it can be seen that the BiKi Perpetual Contract covers nearly all
the advantages of contract products on the market and eliminates the common
‘lesions’ in some products
. As regarding security issues that investors are
more concerned with, BiKi.com has set up a series of risk control measures to protect users.

Sign
Up as Contract Brokers to Enjoy Multiple Benefits

BiKi is launching
a complete set of ‘contract broker mechanisms’ in early March to allow platform
users to enjoy multiple benefits.

A single
community of more than 10 people may apply for contract broker status. Users
who are agents or brokers on other platforms can directly obtain BiKi broker
status to begin enjoying high commission rebates.

BiKi contract
brokers also get to enjoy these benefits:

  • independent back-end and
    same-day settlements
  • access to 100%-accuracy,
    real-time reporting data provided by BiKi
  • access to BiKi’s loyal
    customers and strong community
  • assistance from BiKi to start
    contract trading classes
  • media promotion to extend
    brokers’ influence

BiKi’s complete
set of broker services as well as community and market resources allow brokers
to reap long-term benefits.

Educate Users as a Priority

In futures
contracts, high returns are often accompanied by high risks, hence the existing
entry thresholds. BiKi.com is aware that without strong technology skills, a
deep understanding of risk control capabilities and the financial system, it
will be difficult to navigate in this market.

To aid novice users who are unfamiliar with
regulations and market risks, BiKi has launched a
contract
trading tutorial
to
educate users on how to use contract products. This cautious attitude is in
line with BiK’s user-centric approach of prioritizing users.

Always community-
and user-  driven, this approach extends
to all aspects of how the exchange operates. With users as priority, BiKi
consistently fine-tunes products and innovates new products, all the while
strengthening its product lines while gaining user trust.

2019 has seen
BiKi execute on many fronts. On the one hand it has launched mining pools,
leverage, lending and other products, and on the other, it has deployed
globally to push BiKi.com to a wider market. Whether it is
execution or innovation, the exchange has gained the recognition of industry
professionals.

With plenty of
room to still grow, the entire digital currency market needs consistent
revisions and iterations for a healthier, more complete, professional and
transparent development. New players
entering the market in the name of innovation and change will do well to always
ensure that users are prioritized and that all products should be designed and
improved with this in mind.

About
BiKi.com

Headquartered in
Singapore, BiKi.com is a global cryptocurrency exchange
ranked Top 20 on CoinMarketCap. BiKi.com provides a digital assets platform for
trading more than 150 cryptocurrencies and 280 trading pairs. BiKi.com is
focused on providing the safest, most stable and most effective cryptocurrency
trading platform. 100% of the transaction fees are used in buyback and burning
of platform token, BIKI. Since its official opening in August 2018, BiKi.com is
considered one of the fastest-growing cryptocurrency exchanges in the world
with an accumulated 2 million registered users, 200,000 daily active users,
over 2,000 community partners and 200,000 community members. BiKi.com has received
investments from Huobi co-founder Du Jun, Genesis Capital Zhu Huai Yang, FBG
Capital, 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]

Source