BloFin has launched a single trading account for spot and futures

The BloFin cryptocurrency exchange has launched a Unified Trading Account (UTA), a unified trading account that combines spot and futures accounts. Users of the trading platform can now manage all market positions through a single interface, according to a press release.  

UTA supports three modes:

Spot and Futures (by default) — allows trading on spot and futures markets, as well as using copy trading and trading bots. Includes consolidated margin: instruments with the same settlement currency can be combined to compensate for gains and losses (PnL);
Multi-currency (for accounts starting from 10,000 USDT) — supports multi-currency collateral for trading perpetual futures, which is calculated in US dollars;
Spot Trading — for those who prefer trading without leverage. It allows you to work only with spot assets without access to futures, copy trading and trading bots.  

Switching modes is not possible if there are open positions or active orders. All transactions must be cancelled before the change.

To activate UTA, go to the account review or spot/futures account page, click the Upgrade Now button and select the appropriate mode.

Data: BloFin.

"UTA simplifies asset management, speeds up execution of transactions and increases control over trading," exchange representatives comment.

BloFin has become the title sponsor of the TOKEN2049 conference, which will be held from April 30 to May 1, 2025.