Introduction to Bitget multi-asset mode for USDT-M Futures

 

USDT-M Futures trading now offers two margin modes: single-asset and multi-asset. In single-asset margin mode, only USDT is used as margin. In multi-asset margin mode, various cryptocurrencies can be used as margin for USDT-M Futures trading.

 

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1. Margin calculation in multi-asset mode:

In multi-asset margin mode, any supported coin can be used as margin, but its valuation is adjusted based on the coin’s haircut rate.  For example, if a coin’s index price is 1000 USDT with a 95% haircut rate, only 950 USDT will be counted as margin.

Each margin asset has its own haircut rate. For more details, visit Futures > Futures Trading Rules > Haircut for USDT-M Positions in Multi-Asset Mode (website), or Futures > Common Features > Haircut for USDT-M Positions in Multi-Asset Mode (app).

 

2. Coin transfer:

In multi-asset margin mode, you can transfer USDT, BTC, ETH, SOL, XRP, PEPE, USDC, BGB as margin. Future supported assets will be announced in advance.

 

3. Switch to multi-asset mode:

On both the website and app, you can switch asset modes directly in the margin section of the trading page or within "Settings."

 

Users can switch between single-asset mode and multi-asset mode without closing their existing positions, provided that certain conditions are met.

•         To switch from single-asset mode to multi-asset mode, you must use cross-margin mode. For positions under isolated margin mode, switch to cross-margin mode first.

•         To switch from multi-asset mode to single-asset mode, ensure that your USDT balance covers the margin required for current positions and pending orders, and that the Maintenance Margin Ratio (MMR) is below 80%. Learn more about MMR here.