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1. What is Tiered Margin?    a. Tiered Margin is to support highly leveraged trading, but it has to be noted, Tapbit decides to use flexible and tangible rules, with the maximum size of your position becoming changeable based on your leverage. The higher the leverage is, the smaller the size of the new position … Read more

1.Overview The USDT perpetual contract is a digital currency derivative launched by Tapbit, which is quoted and settled in USDT only, supports long, short and two-direction positions and provides simple multiple leverage options. The USDT Perpetual will not be settled and will keep pace with spot market prices to the highest order based on the … Read more

There are two margin modes on Tapbit: Isolated margin mode and Cross margin mode.   What is the Isolated Margin mode? The isolated margin mode depicts the margin placed into a position is isolated from the trader’s account balance. This mode allows traders to manage their risks accordingly as the maximum amount a trader would … Read more

  Tapbit adopts mark price to avoid unnecessary liquidations, forming apart of its highly leveraged products. Without this relatively sophisticated system, when the market is either being manipulated or its actually illiquid, the mark price may swing unnecessarily in relation to its index price, leading to, in many cases, an unnecessary liquidation.   Mark price … Read more

For the use of the Tapbit USDT Perpetual Contract trading, please read and abide by the Terms of Use for Tapbit USDT Perpetual Contract Trading. Please read carefully and fully understand the contents of each clause, especially the clauses with respect to exemption or limitation of liability and choose to accept or reject the said. Unless … Read more

Tapbit uses insurance funds to prevent investors’ positions from ADL. The Tapbit insurance fund is used to adjust the price of the forced flats that have not been cleared and closed, so to prevent them from being taken over by the ADL system. The amount of the insurance base will increase as the company is … Read more

  Tapbit adopts mark price to avoid unnecessary liquidations, forming apart of its highly leveraged products. Without this relatively sophisticated system, when the market is either being manipulated or its actually illiquid, the mark price may swing unnecessarily in relation to its index price, leading to, in many cases, an unnecessary liquidation.   Mark price … Read more

The Price Index is a bucket of prices from the major Spot market exchanges, weighted by their relative volume. The Price Index for USDT Perpetual Contract derived prices from Binance, Bybit, OKX, Gate.io,  Kucoin, Bitstamp, CoinbasePro, Kraken, Gemini, Bittrex.   There are additional protections to avoid poor market performance during outages of Spot exchanges or … Read more

Flash Close refers to closing all positions at once based on the market price. Through Flash Close, you can quickly close a specified position completely.    Note: Market orders may not be completely filled during extreme market conditions.