Bibox USDT-M Perpetual Futures will Add New Tokens

Dear Biboxers,
 
In order to enhance the users' trading experience and enrich the trading tokens, Bibox USDT-M perpetual futures will new-added 2 tokens to trade, the detailed information is as follows:
 
1. New added 2 USDT-M futures trading

The newly added trading pairs for USDT-M futures are SOLUSDT and DASHUSDT. Welcome to transfer funds to the futures account for experience.
 
2. Introduction about Bibox USDT-M Perpetual Futures

• No settlement date: USDT-M Perpetual Futures have no expiration time, so there is no restriction on the holding time;
• Anchor spot: In order to ensure the tracking of the underlying price index, the USDT-M Perpetual Futures use the mechanism of Funding Cost to ensure that its price closely follows the price of the underlying asset;
• Price mark: The USDT-M Perpetual Futures use a reasonable price marking method to avoid forced liquidation due to lack of liquidity or market manipulation;
• Automatic deleverage: The USDT-M Perpetual Futures use an automatic deleveraging mechanism instead of an account sharing mechanism to deal with losses caused by liquidation of large positions.

【Risk warning】

contract trading is a high-risk trading method, users are requested to participate with caution. Before deciding to buy or sell, please rationally evaluate your own experience in trading digital assets and the degree of risk that can be tolerated. The content of this announcement and other Bibox platform information do not constitute investment advice, and Bibox will not bear any direct or indirect losses arising from reliance on such information. Bibox does not assume responsibility for guarantees, compensation for transactions.

【Contact Us】

If you have any questions, you are welcome to contact us at any time (7*24) through the following methods.Wish you a happy transaction!

• Official Website: https://www.bibox.com
• Online Customer Service: Go to consult
• Official Email: [email protected] or Submit a ticket
• Official English Telegram: https://t.me/BiboxExchangeEnglish

Bibox will continue to improve user trading experience and provide you with better services.

Bibox Team
11/25/2021