Dear Bitruers,
To better support your trading needs, Bitrue is excited to introduce the brand-new Unified Futures Trading Account. This feature offers a more flexible trading experience by integrating multiple assets and enabling more efficient borrowing and repayment operations. To ensure a smooth upgrade and usage process, we’ve prepared this detailed guide for you.
Upgrade to the Unified Futures Account
Upgrade Entry
Before using the Unified Futures Account, please ensure your account has been upgraded. There are two ways to upgrade - one on the Futures page and one on the Assets page:
Start the Upgrade Process
Click on the upgrade button to begin the process. Once the upgrade is complete, please ensure that you are using the latest version of the Bitrue app (versions earlier than 6.0.18 do not support the unified account interface).
View the Unified Futures Account Interface
Transfer
Select the corresponding token from your Spot Account and transfer it to your Unified Futures Account.
Updated Assets Page
After upgrading, your asset page will switch to the Unified Futures format, where you can view initial margin ratios, maintenance margin ratios, and all asset details:
- When the Initial Margin Ratio (IM) reaches 100%, all available margin is in use.
- When the Maintenance Margin Ratio (MM) reaches 100%, your account is at risk of liquidation — please monitor your account risk at all times.
- Total Assets show the combined value of all assets in your unified account.
- Available Margin indicates the margin available for opening positions, calculated after conversion rates and unrealized PnL.
- The Asset List shows the quantity, wallet balance, and borrowed amount for each asset. You can enable or disable collateral for each token. Only tokens marked as collateral will count toward your unified margin balance.
Calculation Formulas
- Available Margin = Margin Value – Frozen Margin
- Margin Value = Collateral Asset Amount * Conversion Rate * Index Price
- Asset Amount = Wallet Balance + Unrealized PnL – Borrowed Amount
Trading with a Unified Futures Account
Start Trading
Once upgraded, you can select the Unified Futures Account on the Futures page to start trading. Note: The mixed margin feature is only available under cross margin mode.
Borrowing & Repayment
Borrowing
- Once you borrow funds, you can view your loan history in the transaction log.
Repayment
Auto Repayment: Deposit the borrowed token into your Unified Futures Account and the system will repay automatically.
Manual Repayment: Click the "Repay" button next to the borrowed asset in the debt list. Please note, a 1% fee applies for manual repayment.
By following the steps above, you’ll be able to activate and use the Unified Futures Trading Account for trading, borrowing, and repayment with ease.
If you have any questions, please refer to our helpdesk page - Introduction to Bitrue Unified Futures Trading Account, or contact our support team anytime.
Thank you for choosing Bitrue — happy trading!