BETTING WITH BITCOIN

BITFUTURES A NEW EXPERIENCE IN BETTING WITH BITCOIN

All BitFutures contracts are denominated in Bitcoin, not fiat currency. This allows our users to fund their account in a quick, inexpensive, private, and hassle-free way.Since the value of our micro-contracts is so small, users can begin trading with a similarly small amount of Bitcoin.

Bet on sports with Bitcoin

HOW TRADE ARE MARGINED

View the ‘Specs’ tab for a given market to reveal margin requirements and implied leverage levels.Binary contracts do not have per-contract, fixed margin requirements. Instead, the margin requirement for a binary contract is equal to the maximum sustainable loss on an open position in said contract, marked to market in real-time. Note that that all binary contracts ultimately settle at either 0.00 or 100.00.Example: Being long one binary contract @ 60.00 will yield a margin requirement of 60.00 since that represents the maximum potential loss. Being short one contract @ 60.00 yields a margin requirement of 40.00 (100.00 – 60.00) since 40.00 is the maximum loss. Sign up today and Bet on sports with Bitcoin today you will not get a big lose we care for you and we want you to gain enough profit with us.

HOW DO YOU RESPOND TO MARGINE CALLS

A margin call is triggered when the liquidating value of your trading account dips below the maintenance margin requirement of your open positions. You must respond to the margin call in one of two ways:Add sufficient Bitcoin to your account to cover the margin deficit. See your ‘balances’ page to obtain the deficit amount or liquidate some or all of your open positions to lower your margin requirement.Once a margin call is triggered, your positions may be force-liquidated at any time. For this reason, it’s highly recommend that you keep excess Bitcoin on-hand that exceeds your anticipated initial margin requirements. This will give you a bit of cushion if markets turn against you, lowering the likelihood of a margin call and subsequent forced liquidation.  You should also note in mind that margin calls can only occur when trading traditional (non-binary) futures contracts. If you only trade binary contracts, you’ll never receive a margin call.

BANK ACCOUNT

When you click on the bank account button in bitcoin it will display the following options, deposit and you will use this when you want to deposit bit coin in your bank account and withdraw when you want to withdraw bitcoin from your bank account and invest or divest bitcoin to or from your trading account or move it or from a third-party pool. If you have any pending transactions in your account either deposits or withdrawal you will be told here.

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