BiKing Exchange (www.bikingex.com) is a global compliant professional blockchain derivatives trading platform, headquartered in Singapore, with a digital currency trading platform compliance operation license and a financial derivatives compliance operation license. Since its operation, it has won the favor of 1.2 million users around the world, covering 26 countries including Australia, Singapore, Europe, South Korea, Hong Kong, and Southeast Asia. BiKing takes compliance, security, and innovation as its core concepts, and protects user asset security as the first priority. Guidelines, committed to providing an extremely smooth digital currency financial derivatives trading platform for ordinary users, professional traders and investment institutions.
BiKing Exchange currently focuses on perpetual contracts and quick contracts, providing users with a variety of contract trading products, and choosing more suitable contract trading products for different market conditions and order placement strategies. At the same time, various contract functions of BiKing Exchange Complete and comprehensive support for user contract trading strategies.
Perpetual contract: The most popular contract trading function in the market. The difference is that BiKing perpetual contract has strong anti-fluctuation ability and better market depth. It is convenient to place an order and has low loss. There are also a variety of personalized order options, such as: free adjustment of 1-100 times leverage, free switching of margin units, etc.
Bonus mode: The bonus mode is the bonus trading system of BiKing Exchange, and the trading profit can be transferred to the contract wallet in real time.
The ways to obtain the bonus include: completing various tasks in the task center, participating in various activities on the platform, and irregular airdrops of bonuses for new and old users. For new and old users, it is a good function to experience contracts, exercise skills, and increase profits.
Contract opening mode
Cross-margin mode: In the cross-margin mode, the margin and floating profit and loss of all positions are interconnected, and all account assets including the opening margin are used as floating margin. The cross-margin mode has strong risk control capabilities, but also when the market fluctuates violently, it is easy to exceed the loss expectation.
Note: When you hold an order in the cross-margin mode, you will not be able to switch to the isolated-margin mode to open a position. In cross-margin mode, when no stop loss price is set and the risk rate is equal to or less than 10%, it will trigger forced liquidation.
Isolated Margin Mode: In the Isolated Margin Mode, each order is independent of each other, and the profit and loss are calculated independently based on the opening price of each position. After the principal (or margin) of a single order is lost to the maximum stop loss point, the position will be forcibly closed. When the profit reaches the maximum stop profit point, the position will be automatically closed.
Note: When the order is held in the isolated position mode, the position opening mode cannot be switched
Three order modes
Market price entrustment: Real-time matching with the optimal depth of the market, relying on the high-quality depth of the BiKing contract, after the order is placed, it will be successfully matched with the market immediately and enter the position holding state.
Limit order: The limit price of the limit order needs to be set by the user. After the order is placed, when the latest price reaches or exceeds the price set by the limit order, it will be traded with the market immediately
Plan order: plan order needs to input two prices, which are trigger price and transaction price; trigger price: means that only when the latest market price reaches this price, the plan order will take effect; transaction price: transaction price can choose market price/limit price, which is consistent with the order logic of market orders and limit orders.
Stop profit and stop loss: there are two setting methods for stop profit and stop loss of Biking: price/proportion
By price: When the latest market price reaches the take-profit price/stop-loss price, the take-profit/stop-loss will be triggered
Proportional: When the profit/loss reaches the preset stop loss ratio, the stop profit/stop loss will be triggered
Tips: 1. There is no default stop loss in the cross-margin mode. When the risk rate is equal to or lower than 10%, the position will be forced to close.
2. In the isolated margin mode, the default stop loss is 90%.
Community copy order: BiKing Exchange has a large number of top traders who bring orders online, one-click copy order, and synchronize traders' order placement strategies. Users can select one or more teachers with a list in the community interface.
1. The order and liquidation order placed by the teacher are only visible in the shortcut contract;
2. To copy an order, the position mode needs to be adjusted to the isolated position mode, otherwise the copy order cannot be completed.
Complete the tasks in the task center to receive bonus rewards of varying amounts
Usage scenario: The bonus can be used in the bonus mode, and the profit part of the transaction in the bonus mode can be transferred to the contract wallet in real time.
Task types: newcomer tasks, growth tasks, activity tasks.
Position functions: take profit and stop loss modification, partial close, reverse open, increase, one-click close.
BiKing Official Website: https://www.bikingex.com