About Bit.com exchange and exchange manual

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2022-09-23 21:59:49

1. What is Bit.com?

Bit.com is a global cryptocurrency exchange with full applications and features such as Spot Trading, Convert, Futures and Options Trading. Bit.com is the world’s second largest option trading platform developed by Matrixport (tech unicorn with a valuation of $1 billion).

Sign up for an account at: https://www.bit.com/inviteFriends/agent…

2. Vision, function, product

2.1. Vision, mission

Bit.com specializes in providing services such as price tracking, trading strategy execution, and liquidity provision. Bit.com is built with leading security and risk management features to ensure a superior trading experience taking advantage of the best liquidity.

2.2. Functions, products

Spot Trading: You can trade, Buy or Sell pairs available on Bit.com. Currently, on Bit.com, there are more than 50 trading pairs serving diverse needs of users.

Trade Convert: You can swap tokens (eg Swap BTC to USDT or vice versa)

RMM is a subset of AMM, which is a market creation strategy that automatically places orders for users. With RMM’s feature, users can get the opportunity to:

  • Buy low, sell high
  • Portfolio growth in a range-bound market
  • Earn fee income by providing liquidity to the market

On Coin-M Futures we can Buy or Sell: BTC PERP, ETH PERP, BCH PERP with leverage up to 50X. In Coin-M Future, to open a trading order, we can use the coin as collateral for leverage. For example, we can use BTC, ETH, BCH as collateral for leverage.

On USDT-M Futures we will have more pairs to trade (BTCUSDT PERP, ETHUSDT PERP, BNBUSDT PERP,…) with leverage up to 50X. In USDT-M future, to open a trading order we can only use USDT as collateral for leverage.

  • Coin-M Options: With Option contracts, investors can order to buy or sell assets at a certain milestone. Options contracts are often used by large investors to balance and minimize risk for their portfolio.

Currently, Bit.com is ranked Top5 exchanges with the amount of BTC opened on the options exchange.

3. Bit.com Highlights

3.1. Feature

  • Unified Margin: Removes the obstacles of spot, contract and options trading. Any currency can be traded on margin.
  • Portfolio Margin: Compared to the conventional margin model, the PM model tends to reward hedgers by providing higher capital efficiency for low-risk portfolios.
  • Multiple trading products: Support trading spot, contract, options and other trading products to meet diverse trading needs of users

3.2. Product Application

You can download the Bit.com app to your phone to easily use the following features:

3.3. Savings

At Bit.com’s mobile app, users will have the opportunity to participate in a savings deposit activity of up to 200% APY. In particular, Bit.com is launching a savings program for depositors who save TON with 200% APY and 80% APY for USDT. Details at: https://support.bit.com/hc/en-us/articl…
https://support.bit.com/hc/en-us/articl…

*Note: Not applicable to existing Matriport customers who have subscribed to any 30% APY savings products.

3.4. Applications

Immediately download Bit.com’s mobile application to experience the following services and features:
App Store: https://apps.apple.com/en/app/apple-sto…
Google Play: https://play.google.com/store/apps/deta…

4. Team members

  • Jihan Wu Matrixport founder. Jihan founded China’s first bitcoin community website, Babite, and was the first to translate Satoshi Nakamoto’s whitepaper on Bitcoin into Chinese (Mandarin) in 2011. Jihan founded Matrixport in 2019, before that. co-founded chip mining giant Bitmain Technologies and left the company in 2021.
  • John Ge – President of Bit.com. Under his leadership, Matrixport has grown into Asia’s largest cryptocurrency financial platform with $10 billion in assets under management.
  • Lan Yue, better known as Blue, is the CEO at bit.com and an industry veteran who has worked at Bitmain, CITIC Bank and Yipay. He leads the strategic direction of bit.com, covering business growth, product development and operations. Blue is the co-founder of bit.com and part of the Matrixport founding team
  • Toya Zhang – Marketing Manager. Toya is a seasoned media and marketing professional with background knowledge in technology, finance and blockchain. Toya started his career at Elliott, Barings, Latham & Watkins, HKVCA and Huawei before moving into crypto and blockchain markets in 2016 with OKX and later joining AAX as Deputy COO.

5. Project Resources

Bit.com’s media ecosystem includes the following channels:

6. Summary of some attractive programs for users

7. Summary

Bit.com is a professional exchange that is safe, efficient, and highly secure. Backed by Matrixport, Matrixport was founded in 2019, as a crypto bank that is valued at up to USD 1 billion by 2021. In terms of trading volume, Bit.com is Top 3 in the market.

8. Sign up for a Bit.com account

Sign up at https://www.bit.com/inviteFriends/agent… to have the opportunity to participate in receiving attractive bonuses and incentives from the exchange.

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