Stable interests in Wealth, high profits in Futures.You can have both!
Starting today, BingX has launched "Wealth as Margin", a pioneering feature in the world, to bring about a more efficient capital utilization for you!
Entry Portal: Assets -> Wealth Account
*Please visit the website directly. For app users, please
update your app to version 4.6.0 or above to explore this feature.
What is Wealth as Margin?
Wealth as Margin is a groundbreaking innovation by BingX. With this feature, you can transfer a specified amount of USDT from your subscribed Wealth products to use as Futures margin, providing support for your Perpetual Futures trades. Notably, these assets will continue to accrue interests in Wealth, serving a dual purpose and maximizing the use of your assets.
1. This feature is currently available for USDT Fixed-Term and Flexible-Term Wealth products only. Other crypto assets are not supported yet.
2. Wealth as Margin is currently supported in Perpetual Futures and Copy by "Per Order" mode in Perpetual Futures Copy Trading only. It is not supported in Standard Futures and other types of Copy Trading.
What are the key highlights of Wealth as Margin?
1. Enhanced funds utilization. Reap the benefits of both Wealth and Futures Trading. Experienced traders can efficiently manage their Futures positions while enjoying the interests accrued in Wealth.
2. 100% asset financing rate. The Wealth assets allocated as margin are used at a 100% rate for Futures margin, exceeding typical market financing rates.
3. In the event of a floating loss in Futures positions (without forced liquidation), all interest accrued in Wealth is retained by the investor.
How to use Wealth as Margin?
1. How to activate Wealth as Margin?
Entry Portal: Assets -> Wealth Account
After subscribing to a Wealth product, visit "Wealth Account", click "Use Now" and confirm.
2. Transfer assets to use as margin.
Click "Use as Margin", enter the USDT amount you would like to use as margin and click "Confirm". The platform typically completes the transfer from Wealth to Perpetual Futures account within approximately 1 minute. These assets can be used as margin in your Perpetual Futures account, while continuing to accrue interests in Wealth.
3. Return Futures margin.
Click "Return Margin", enter the USDT amount you would like to return and click "Confirm". The assets will be returned from Futures account to Wealth account and can be redeemed as usual.
For more information, please refer to:
BingX Official Channels
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice.
