BitMart Unveils Futures V2.0 System with Major Performance Upgrades

BitMart, a prominent global digital asset trading platform, has officially launched its Futures V2.0 System, introducing a range of significant performance updates and enhancements designed to elevate the trading experience for its users. The new system represents BitMart's latest advancement in futures trading technology and promises a more robust, stable, and efficient trading environment.

The Futures V2.0 System is set to run concurrently with the older Futures V1.0 during the transition period, eventually phasing out the latter once the migration is complete. Key features of the new system include a substantial reduction in trading latency by at least 50% compared to its predecessor. Additionally, the system offers improved liquidity through enhanced trading efficiency for liquidity providers, resulting in better overall trading conditions.

One of the standout improvements in the Futures V2.0 System is the dramatic enhancement of core matching capabilities, which have increased by 50-fold. This upgrade ensures users a superior trading experience with faster order and data query speeds, which have been increased by five times. Moreover, the overall system stability has seen significant improvements, further solidifying BitMart's commitment to providing a top-tier trading environment.

As the transition from Futures V1.0 to Futures V2.0 progresses, users are encouraged to gradually transfer their assets to the new system. The process involves transferring assets from the Futures V1.0 account to the spot account before moving them to the Futures V2.0 account. Direct transfers between the two futures accounts are not permitted.

Notably, the copy trading function will not be available on the Futures V2.0 during the transition period. Users can continue to use the Futures V1.0 for copy trading until the older system is taken offline. The copy trading feature will be added to the Futures V2.0 once the transition is fully completed. Additionally, the Open API feature is not supported in the current version of Futures V2.0, with separate notifications to be provided regarding its specific opening schedule.

It is important to note that the BitMart Futures service is not accessible in certain regions, including Afghanistan, the United States, Hong Kong SAR of China, and several other countries listed in the press release. For more detailed information on the BitMart Futures V2.0 System, users can refer to the official announcement page.

As BitMart continues to evolve and grow, the launch of the Futures V2.0 System marks a significant milestone in its mission to drive innovation and promote financial inclusion within the cryptocurrency industry. With millions of users worldwide and its ranking among the top crypto exchanges on CoinGecko, BitMart remains dedicated to providing competitive trading fees and a wide array of trading pairs to its global user base.