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
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.
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
