We are thrilled to announce that users can now explore the power of the Unified Trading Account (UTA) in a risk-free demo environment! This exciting update allows users to experience the seamless integration and advanced functionality of UTA without any financial risk.
What is a Unified Trading Account (UTA)?
The Unified Trading Account (UTA) is an innovative trading system introduced by BloFin, designed to allow users to trade both spot and derivative markets concurrently within a single account. This eliminates the need to transfer funds between multiple accounts, making the trading experience much more efficient. Additionally, users can offset profits and losses across various trading activities, enhancing capital utilization. The Unified Trading Account features three distinct modes: Simple, Spot and Futures, and Multi-Currency Margin, each catering to different trading requirements.
Advantages of Unified Trading Account
- Streamlined Trading: Trade both spot and derivatives in multiple currencies from a single account without transferring funds between different accounts.
- Improved Capital Efficiency: Gains and losses from different trading markets can offset each other, optimizing your capital usage.
- Better Risk Management: Margin requirements are calculated based on overall positions and total liabilities within your account.
How to Get Started?
BloFin Team