Bittime Unified Futures Trading Account Guide

To better support your trading needs, Bittime is excited to introduce the brand-new Unified Futures Trading Account (USDT-Margin). This feature provides a streamlined trading experience using USDT as the sole collateral and margin asset, along with more efficient borrowing and repayment operations.

The Unified Futures Trading Account (USDT-Margin) has been automatically upgraded for all eligible users.

No manual upgrade is required.

What You Need to Do:

1. Please ensure you are using the latest version of the Bittime app.
2. Once updated, your Futures account will automatically switch to the new Unified Futures (USDT-Margin) format.

You can now directly transfer USDT from your Spot Account to start trading in the Unified Futures Account.

After upgrading, your asset page will switch to the Unified Futures (USDT-Margin) format, where you can view initial margin ratio (IM), maintenance margin ratio (MM), and your USDT asset details:

• When the Initial Margin Ratio (IM) reaches 100%, all available margin is in use.
• When the Maintenance Margin Ratio (MM) reaches 100%, your account is at risk of liquidation — please monitor your account risk at all times.
• Total Assets shows your total USDT balance in the unified account.
• Available Margin indicates the USDT margin available for opening positions, calculated after considering unrealized PnL.

The asset list will primarily display your USDT holdings (wallet balance and borrowed amount). Since only USDT is supported as collateral, there is no need to enable/disable collateral for other tokens.

• Available Margin = Margin Value – Frozen Margin
• Margin Value = USDT Balance + Unrealized PnL – Borrowed USDT
• Asset Amount = Wallet Balance + Unrealized PnL – Borrowed Amount