Hello there,
We had been working tirelessly for the last few months. We have seen the disappointment users seem to have with the ongoing TDS implication on every trade and we got a solution.
We are glad to announce Bitbns Futures!
Bitbns Futures offers futures in Bitcoin, Ethereum, IC15 Index and BNS token on a proven platform to give traders with the best trading experience. This is just the start and we would be adding new coins/tokens really quickly.
Main Takeaway:
- Bitbns Futures offers futures in Bitcoin, Ethereum and IC15 Index on a proven platform to give traders with the best trading experience.
Users can trade Bitbns Futures without any TDS implications making it ideal for traders. - Users can choose their leverage instrument wise and take advantage of cross margining using USDT as margin. You can trade with upto 10x leverage.
- Futures trading is built on the proven and robust Bitbns Margin trading system which has been live for over 4 years
- As the crypto ecosystem matures, demand for crypto derivatives keeps on growing as market participants look for more sophisticated products.
So let’s explore why Bitbns is the India’s leading crypto exchange and why you should trade futures on it!
Benefits of Trading Futures with Bitbns
Bitbns Futures offering futures trading via USDT margined perpetual swaps in Bitcoin, Ethereum, IC15 Index and BNS token.
Thanks to the proven Bitbns tech platform with open APIs, users can be assured of good liquidity and low slippage in futures trading.
Another attractive benefit of Futures trading is low fees compared to spot trading(0.1%) which allows traders to do more trades.
For the first time in India, Bitbns offers users a system to take simultaneous long and short positions in the same instrument without the platform forcibly netting them off. This is a novel concept which none of the other Indian(Equity, Commodity, Forex etc) derivatives exchanges have and allows traders to trade many different kinds of strategies.
Using the totally free Bitbns trading and historical data APIs, users can automate strategies like funding rate arbitrage, TWAP execution algos and grid trading/market making bots.
Bitbns has over 4 million users trading spot and margin products so Futures trading is a natural extension for trader looking for lower cost and more risk managed products.
Also the cherry on the top is that the trading fee is 0 for a maker trade and just 0.1% for a taker trade. This is substantially lower than any other exchange in India.
For investors, Bitbns Futures allows hedging of portfolio by going short in Futures without having to borrow the asset and pay interest on it.
Lastly, Bitbns offers support via telegram group, ticketing system etc with an intuitive and easy-to-use user interface to ensure that any trader from anywhere in the world can participate in the crypto ecosystem.
Don’t Get Left Behind!
Signing up is quick and easy, and once you are set up, trading is a breeze. So join Bitbns and start trading today!
Read the following helpful articles for more information about trading futures with Bitbns:
Futures Beginners Guide
Futures Trading FAQ
Onwards and Upwards
Team Bitbns
