Bybit’s AML policies include:KYC Verification: Required for larger transactions and withdrawals. Transaction Monitoring: Continuous monitoring of transactions for suspicious activity. Reporting: Compliance with global regulations and reporting to authorities.
Tag: Cryptocurrency
Cryptocurrency is digital money using blockchain technology, allowing fast, secure, and decentralized transactions without banks or middlemen.
Shiraverse Latest Questions
The funding rate consists of two components:Interest Rate (I): Reflects the difference in interest rates between the quote and base currencies (e.g., BTC and USDT). Premium Index (P): Measures the deviation of the perpetual swap price from the mark price.The funding ...Read more
It’s important to note:You are trading cryptocurrency derivative contracts, not buying or selling cryptocurrencies directly. Funding fees apply for holding positions past the funding timestamp. Initial margin is required as collateral. Liquidation occurs if the maintenance margin is not maintained.
Blast Points are a measure of user activity and engagement on the platform. They are calculated by taking snapshots at each block, considering the absolute value of the user’s net assets (supplied – borrowed) in Pac Finance, and then ...Read more
Mark Price is calculated using the following formula: MarkΒ Price=IndexΒ Price+MA(5M,Basis)\text{Mark Price} = \text{Index Price} + \text{MA}(5M, \text{Basis}) MarkΒ Price=IndexΒ Price+Read more
When liquidation occurs, the liquidation engine automatically unwinds the position. The insurance fund mechanism varies depending on whether the execution price is above or below the bankruptcy price.Execution Price > Bankruptcy Price (For Long position, Short position vice versa):If the ...Read more
SAUCE tokens are used to vote on important community-driven decisions, such as new token flavors, governance proposals, and other features that shape the future of the Sauces ecosystem. Holding SAUCE gives you a voice in the development and direction ...Read more
Suppose a trader holds a long position of 10 BTC in BTCUSDT Perpetual Swaps with a mark price of $38,000 and a funding rate of 0.01%: NotionalΒ ValueΒ ofΒ Positions=10Γ$38,000=$380,000\text{Notional Value of Positions} = 10 ...Read more
Pi Network aims to create the world’s most inclusive peer-to-peer ecosystem fueled by Pi, its native cryptocurrency. The supply and mining mechanisms are designed to balance network growth, accessibility, security, and long-term incentives.
Staking SAUCE in the ecosystem offers several benefits, including earning additional rewards and participating in community-driven decisions. By staking your tokens, you can earn interest or yield, depending on the staking program you choose. Staking also provides voting power, ...Read more