GuShiio.com 🎒Backpack is committed to making derivatives trading great again.
Derivatives trading is the most important product in the financial industry. Backpack believes that the future of cryptocurrencies will be the same as mainstream markets such as stocks, bonds, and commodities. A large number of professional traders use trading tools such as leverage and futures to make the industry more efficient and professional.
Based on this vision, we have developed a more efficient and secure cryptocurrency derivatives system and are committed to providing users with the best products
More professional: maximize capital efficiency, innovative functions help transactions
1. Backpack’s full-position margin system:
All assets can be used as margin, not only for perpetual contracts, but also for borrowing interest to maximize your capital utilization!
2. Interest bearing contracts and automatic lending (interest bearing perps auto lend)
Backpack’s unique automatic lending function. When this function is turned on, assets will be automatically lent out for interest.
Open interest gains can also earn interest. Not only do your contract positions earn trading profits, all open interest gains can also continue to earn interest. Efficiently maximize profits
Spot assets, the exclusive weapon for arbitrage players, can earn additional interest to maximize arbitrage gains!
3. sub-account system
Backpack’s original sub-account system avoids the cumbersome classification of spot accounts, contract accounts, and financial accounts in traditional exchanges
Create multiple sub-accounts with one click, no minimum capital requirements, completely isolate trading strategies, reduce risks
Transfers between sub-accounts are convenient to meet multi-strategy trading needs. Traders familiar with the FTX system may miss such a convenient sub-account system
4. Auto-Realize: Automatic Revenue Settlement
The income from open interest contracts is automatically settled, which can be directly converted into more margin or loan interest, improving fund utilization
Suitable for rolling positions, trend trading, and quantitative trading users, making your trading strategy more efficient! Professional traders can achieve more revenue through this feature
5. A transparent lending system
All of Backpack’s lending and trading markets, interest-bearing mechanisms and closing positions are open and transparent. All users, whether individuals or institutions or market makers, can compete and trade fairly
ˇSafer: Extreme transparency, no human intervention
1. Full hedging mechanism
2. Global Compliance Licence
Backpack has obtained licenses from multiple jurisdictions including the United States, Dubai, Australia, and the European Union
Backpack will also continue on the road to compliance. As an exchange that has been supervised by relevant authorities of a sovereign country since its inception, Backpack’s actions are open, transparent and safe.
We are committed to creating a safe and transparent trading environment so that every user can trade with confidence!
Vision for the future to build the world’s top compliant derivatives exchange
🌍Backpack has covered 150+ countries and more than 1 million users. We will continue to expand in the future:
Continue to innovate and develop more high-quality products
Connect global liquidity and open up Eastern and Western markets
Organize more activities to truly benefit users
📢Join us and witness a more professional and safer trading future!🎒🚀
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