1. What is the Futures V2.0?
The Futures V2.0 is BitMart's futures trading system, which includes a series of performance updates and improvements aimed at providing a more robust, stable, and efficient futures trading experience.
2. Key Technical Optimization Points of the Futures V2.0
- Restructured the entire trading process to significantly improve system performance and reduce trading latency by at least 50% compared to the Futures V1.0;
- Significant improvement in system performance enhances the trading efficiency of liquidity providers, resulting in a substantial improvement in trading liquidity;
- Greatly enhanced system core matching capabilities, with a 50-fold improvement compared to the Futures V1.0;
- Substantial improvement in system query performance, with order and data query speeds increased by 5 times compared to the Futures V1.0;
- Significantly improved overall system stability compared to the Futures V1.0;
3. How to Use the Futures V2.0?
After the Futures V2.0 is launched, Futures V1.0 and Futures V2.0 systems will run simultaneously. Users can click the "Futures V2.0" button on the trading page to switch to the Futures V2.0 mode with just one click and start trading. All trading functions remain consistent with Futures V1.0 mode.
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4. How to Transfer My Assets to the Futures V2.0 Account?
If you have assets in your Futures V1.0 account:
- Select the Futures V1.0 mode and transfer assets from the Futures V1.0 account to the Spot account.
- Switch to the Futures V2.0 mode and transfer assets from the Spot account to the Futures V2.0 account. [Direct transfers between the Futures V1.0 account and the Futures V2.0 account are not possible.]
*If you do not have assets in your Futures V1.0 account:
- You can directly select the Futures V2.0 mode and transfer assets from the Spot account to the Futures V2.0 account.
As per the following both [Step 3] diagrams, user can click the transfer icon next to the available balance or click transfer at the bottom of the futures trading page.
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5. Subsequent Maintenance Plans
The Futures V1.0 and V2.0 will run concurrently for a period of time, after which the Futures V1.0 system will no longer be maintained. The platform will unify the V1.0 system offline in the future. Please pay attention to the platform announcement. It is recommended that users gradually transfer their assets to the Futures V2.0 for trading.
6. Campaign Rules for Futures V2.0
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Task Center: Futures-related statistics will only include transaction and deposit data statistics for the Futures V2.0 system
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Landing Page campaign: Only Futures V2.0 trading competition and automatic reward landing page campaign are supported. Please access such landing page activities from the Futures V2.0 system
7. Introduction to Futures V2.0 Affiliate System:
- Entrance: The entrance to the Futures V2.0 affiliate system is the same as the entrance to the Futures V1.0 affiliate system. Affiliate users can access the Futures V2.0 mode by switching to Futures V2.0 mode.
- Display of Trading and Commission Data: The data displayed in the V2.0 affiliate system includes futures deposits, trades, and commissions generated under the Futures V2.0; futures deposits, trades, and commission data generated under the Futures V1.0 are still managed and displayed in the Futures V1.0 affiliate system. The data from Futures V1.0 will be merged into the Futures V2.0 affiliate system when the Futures V1.0 is offline. Please refer to the official announcement for the offline time of Futures V1.0.
- Invitation Codes and Invited Users: Invitation codes for Futures V1.0 affiliates and Futures V2.0 affiliates are the same; invited user data is synchronized and fully displayed for Futures V1.0 affiliates and Futures V2.0 affiliates.
- Commission Time: The commission calculated and distribution time for V1.0 and V2.0 affiliates are consistent, completed before UTC 0:30 each day.
- Differences Between Futures V1.0 Affiliate System and Futures V2.0 affiliate system: In the V1.0 affiliate system, affiliates are able to query all users' current positions, transaction history, and transfer history who have traded under the V1.0 futures. In contrast, in the V2.0 affiliate system, affiliates can only search and query the current positions, transaction history, and transfer history of individual users who have traded under the V2.0 futures.
8. Futures V2.0 Copy Trading
Please visit Futures V2.0 Copy Trading for copying trading. The Futures V1.0 entrance is no longer open to the public, but users can still open and close positions. For more details, please refer to: Key Updates for Futures V2.0 Copy Trading.
9. How to Use API Trading in the Futures V2.0 ?
Starting from 24/7/2024, API users will start testing. Institutional users will commence testing on 31/7/2024, and the Open API Futures V2.0 feature will be fully available on 15/8/2024.
For further details kindly refer to Launch Plan for Futures System 2.0 Trading Pairs
