{"id":22778,"date":"2025-04-07T13:21:52","date_gmt":"2025-04-07T10:21:52","guid":{"rendered":"https:\/\/forklog.com\/en\/blofin-introduces-unified-trading-account-for-spot-and-futures\/"},"modified":"2025-04-07T13:21:52","modified_gmt":"2025-04-07T10:21:52","slug":"blofin-introduces-unified-trading-account-for-spot-and-futures","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/blofin-introduces-unified-trading-account-for-spot-and-futures\/","title":{"rendered":"BloFin Introduces Unified Trading Account for Spot and Futures"},"content":{"rendered":"<p>The cryptocurrency exchange <a class=\"tracking_link\" href=\"https:\/\/blofin.com\/\" target=\"_blank\" rel=\"noopener\">BloFin<\/a> has launched the Unified Trading Account (UTA), a consolidated trading account that merges spot and futures accounts. Users of the trading platform can now manage all market positions through a single interface, according to a press release.\u00a0\u00a0<\/p>\n<p>The UTA <a class=\"tracking_link\" href=\"https:\/\/support.blofin.com\/hc\/en-us\/articles\/11041664795151-Unified-Trading-Account-Guide\" target=\"_blank\" rel=\"noopener\">supports<\/a> three modes:\u00a0\u00a0<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Spot and Futures<\/strong> (default) \u2014 allows trading on spot and futures markets, as well as using copy trading and trading bots. It includes consolidated margin: instruments with the same settlement currency can be combined to offset profit and loss (PnL);<\/li>\n<li><strong>Multi-currency<\/strong> (for accounts with at least 10,000 USDT) \u2014 supports multi-currency collateral for trading perpetual futures, calculated in US dollars;<\/li>\n<li><strong>Spot Trading<\/strong> \u2014 for those who prefer trading without leverage. It allows working only with spot assets without access to futures, copy trading, and trading bots.\u00a0\u00a0<\/li>\n<\/ul>\n<p>Switching modes is not possible with open positions or active orders. All trades must be canceled before changing modes.<\/p>\n<p>To activate the UTA, users need to go to the account overview or spot\/futures account page, click the <strong>Upgrade Now<\/strong> button, and select the appropriate mode.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXfHPkK8WJyNWkI458AlrUc4jRGiBFCG7r-W0atVVkzE7P0bnbTuhZFYWPKx6qXYxT_u2-kB8r9Z8ceMI9wfOSfPu1FKBwbIAOB_tJqsqe1RviiDswmgeF3H54PEpUdm3U79aRtbYw?key=cnlaU9UImiJLMzHm0dBZWowz\" alt=\"BloFin launches unified trading account for spot and futures\"\/><\/figure>\n<p>Source: <a class=\"tracking_link\" href=\"https:\/\/blofin.com\/\" target=\"_blank\" rel=\"noopener\">BloFin<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cUTA simplifies asset management, speeds up trade execution, and enhances trading control,\u201d commented exchange representatives.<\/p>\n<\/blockquote>\n<p>Earlier, BloFin <a href=\"https:\/\/forklog.com\/en\/news\/blofin-becomes-title-sponsor-of-token2049-conference\">became<\/a> the title sponsor of the TOKEN2049 conference, scheduled to take place from April 30 to May 1, 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange BloFin has launched the Unified Trading Account (UTA), a consolidated trading account that merges spot and futures accounts. Users of the trading platform can now manage all market positions through a single interface, according to a press release.\u00a0\u00a0 The UTA supports three modes:\u00a0\u00a0 Spot and Futures (default) \u2014 allows trading on spot [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,1267],"class_list":["post-22778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-cryptocurrency-trading"],"aioseo_notices":[],"amp_enabled":true,"views":"67","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=22778"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22778\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/22777"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=22778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=22778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=22778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}