What is BiyaPay's U-margined Contract?
BiyaPay provides U-margined contracts (USDT-settled linear contracts). Unlike traditional inverse contracts, U-margined contracts use USDT as the quotation and settlement unit. USDT, as a stablecoin pegged to the US dollar, makes trading profit calculations more intuitive. For example, earning 1000 USDT in profit means approximately equal to 1000 US dollars.
Features of U-margined Contracts
- USDT Settlement: All trades are priced and settled in USDT, reducing conversion complexity.
- Perpetual Contracts: No expiration date, can be held long-term, suitable for flexible trading strategies.
- Clear Pricing Rules:
Each U-margined contract corresponds to one unit of the underlying asset (e.g., BTC/USDT, ETH/USDT).
Trading logic is similar to the spot market, making it easy for users to understand.
- Funding Fee Mechanism:
U-margined perpetual contracts generate funding fees, which are transferred between traders.
Collection Time: Usually collected every 4 or 8 hours, may vary for different currencies, adjusted according to market conditions.
Minimum Order Notional Limit
Each order's minimum notional value must be ≥ 5 USDT. Orders below this threshold will be rejected.
Examples:
Opening 0.0001 BTC (notional value > 5 USDT) can be executed
Opening 0.00001 ETH (notional value < 5 USDT) order will be rejected
Note: BiyaPay contracts may adjust the minimum order threshold from time to time without prior notice. Please refer to the actual trading prompts.
Contact Us
BIYA GLOBAL LLC is a licensed entity registered with the U.S. Securities and Exchange Commission (SEC No.: 802-127417); a certified member of the Financial Industry Regulatory Authority (FINRA) (Central Registration Depository CRD No.: 325027); regulated by the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC).
BIYA GLOBAL LLC is registered with the Financial Crimes Enforcement Network (FinCEN), an agency under the U.S. Department of the Treasury, as a Money Services Business (MSB), with registration number 31000218637349, and regulated by the Financial Crimes Enforcement Network (FinCEN).
BIYA GLOBAL LIMITED is a registered Financial Service Provider (FSP) in New Zealand, with registration number FSP1007221, and is also a registered member of the Financial Services Complaints Limited (FSCL), an independent dispute resolution scheme in New Zealand.