BingX unveils Separate Isolated Margin Mode for futures trading
New BingX feature boosts control and risk management
BingX, a leading global cryptocurrency exchange, has announced the launch of its new Separate Isolated Margin Mode, designed to offer traders enhanced flexibility and control in futures trading.
This innovative feature is now available for both USDT-margined perpetual and standard futures contracts.
A revolutionary shift in futures ttrading
Unlike the traditional isolated margin mode, where margin is shared across positions, the Separate Isolated Margin Mode allows users to allocate dedicated margin for each position, as stated on BingX’s website. This advancement minimizes the risk of liquidation for other positions within the same trading pair. If one position faces liquidation, the remaining positions and their allocated margins remain unaffected.
With this feature, traders can open multiple long or short positions within a single trading pair, each with independent take-profit and stop-loss settings. This approach not only improves risk management but also enhances the flexibility of trading strategies.
Maximizing flexibility and efficiency
The new mode enables users to manage multiple positions in the same direction, even if earlier positions within the same trading pair remain open. This capability creates opportunities for more efficient capital management, allowing traders to respond swiftly to market changes without closing existing trades.
By using USDT as the margin currency, the Separate Isolated Margin Mode eliminates the need to hold the underlying cryptocurrency, simplifying the process and making it more accessible to a wider range of users.
Commitment to innovation
Vivien Lin, Chief Product Officer of BingX, highlighted the significance of this development, stating, “We believe this feature will provide BingX users with unmatched control over their futures trading strategies. This is a step forward in providing our users with the tools they need to trade confidently and effectively.”
Advancing futures trading
BingX’s introduction of the Separate Isolated Margin Mode reflects its dedication to empowering traders with innovative tools. By prioritizing user control and risk mitigation, this feature aligns with BingX’s mission to enhance the trading experience for its global user base.
