One of the world’s leading crypto exchanges BingXrevolutionizes the cryptocurrency trading experience with its updated Guaranteed Price feature to ensure zero slippage in continuous futures trading. This innovative feature BTC/USDT, ETH/USDT It will cover all 166 trading pairs available on BingX’s perpetual futures, including popular options such as and more.
Perpetual futures are crypto trading instruments that are tied to the value of an underlying asset. It allows crypto investors to speculate on the future prices of the asset. Unlike traditional crypto futures on BingX, which have an expiration date, perpetual futures are signed forever.
In perpetual futures, slippage refers to the difference between the expected price at which a trade is made and the actual price at which the trade takes place. It usually occurs when there is low market liquidity or high volatility. There may be fewer market participants to take the other side of a transaction, and therefore more time is required between placing the order and executing the order once a buyer or seller has been found.
Guaranteed Price allows BingX users to execute trades at exactly the predetermined price without worrying about market fluctuations. By choosing this feature when creating a “Trigger Order/Trigger Order” or “Stop-Loss Order”, BingX users can ensure that their positions are executed without slipping, with BingX assuming the respective risks. BingX’s Guaranteed Price feature comes with a fee based on actual trading volume upon successful order execution.
BingX Chief Brand Officer Megan Nyvold He said: “By introducing our enhanced Guaranteed Price feature, we are putting the power of precision trading into the hands of our users. BingX’s commitment to innovative and user-centric solutions shines as we continue to push the boundaries of what’s possible in the cryptocurrency markets.”
BingX is committed to further improving user experiences by extending the mechanism to various areas. With these revolutionary features, BingX is at the forefront of providing a safe and efficient investment environment and reinforces its commitment to fostering innovation in the cryptocurrency world.
BingX About
Founded in 2018 BingXis a leading crypto exchange with over 5 million users, providing Spot, Derivative, Copy Trade and Grid trading services to over 100 countries and regions worldwide.
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