BitMart Exchange announced that its Contract V2.0 system has officially launched, aiming to provide users with a more stable and efficient contract trading service.
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This article is a sponsored article written and provided by BitMart, which does not represent the position of the platform, nor is it investment advice, buying or selling recommendations. Please see the responsibility warning at the end of the article.
BitMart, a leading global digital asset trading platform, announced that its Contract V2.0 system has officially launched. Through a series of performance improvements, the new contract system will significantly enhance users’ trading experience.
As the next-generation contract trading system of BitMart, Contract V2.0 not only includes numerous performance updates and improvements, but also strives to provide users with a more stable and efficient contract trading service. During the transition period, Contract V1.0 and V2.0 systems will operate concurrently for a period of time. In the future, the V1.0 system will be discontinued, please pay attention to platform announcements.
The technical core of BitMart’s Contract V2.0 system has undergone comprehensive optimization, and the system performance has been significantly improved. Compared to the Contract V1.0 system, the trading latency has been reduced by at least 50%. At the same time, by improving performance, the new system further optimizes the trading efficiency of liquidity providers, thereby greatly improving overall transaction liquidity.
It is worth mentioning that the technical upgrade of BitMart’s Contract V2.0 system has brought significant improvements: the core matching capability has increased by 50 times, greatly enhancing trading efficiency. At the same time, the query performance of the system has significantly improved, and the query speed of orders and data is 5 times faster than the Contract V1.0 system. In addition, the overall stability of the new system has also been significantly enhanced, providing users with a more reliable and efficient trading environment.
Considering that the V1.0 system will be discontinued in the future, it is recommended that users gradually transfer their assets to the Contract V2.0 system for trading.
After switching to the Contract V2.0 system, users can click “Transfer” on the trading page or asset page to choose to transfer assets from the Contract V1.0 to the spot account and then to the Contract V2.0 account. Direct transfer between Contract V1.0 and Contract V2.0 accounts is not supported. After switching to the Contract V2.0 system, users can click “Transfer” on the trading page or asset page to choose to transfer assets from the Contract V1.0 account to the spot account and then to the Contract V2.0 account. Direct transfer between Contract V1.0 and Contract V2.0 accounts is not supported.
During the period when Contract V1.0 and V2.0 are operated concurrently, the V2.0 system will temporarily not support copy trading. Users need to use the V1.0 system for single and copy trading. The copy trading function will be synchronized to the V2.0 system when the V1.0 system is discontinued. At the same time, the V2.0 system does not currently support the Open API function, and the specific opening time will be notified separately by the platform.
Please note that BitMart’s contract services are not available to users in the following countries: Afghanistan, the United States, Hong Kong SAR of China, the Balkans, Belarus, Belgium, Myanmar, Cote d’Ivoire, Crimea, Cuba, the Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, South Sudan, the Syrian Arab Republic, Zimbabwe, mainland China, the so-called Donetsk People’s Republic (DNR), or the Lugansk People’s Republic (LNR).
For more information about BitMart’s Contract V2.0 system, please visit the announcement page.
About BitMart
BitMart is a compliant digital asset trading platform carefully crafted for individuals and professional institutions, providing efficient, fair, and transparent digital asset financial services to millions of users worldwide. As a global cryptocurrency exchange, BitMart firmly believes that decentralized digital assets will fundamentally reshape the global financial system, bringing us more efficient asset circulation, fairer resource allocation, and more transparent transaction processes. In this new financial system, we will usher in a new round of global economic innovation and market revolution.
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Disclaimer: The content of this article is a promotional article provided by the contributor. The contributor has no relationship with BitMart, and this article does not represent the position of BitMart. This article is not intended to provide any investment, asset advice, or legal opinions, nor should it be construed as an offer to buy, sell, or hold assets. The services, programs, or tools mentioned in the promotional article are for reference only, and the actual content or rules shall be subject to the announcement or explanation of the contributor. BitMart is not responsible for any potential risks or losses. Readers are reminded to conduct their own careful verification before making any decisions or actions.
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