On April 29, BitZ Vice President Mark participated in an online salon hosted by Shenlian Academy, delivering a presentation titled "Halving Approaches, Winter Persists—How to Maximize Returns with BitZ's 'Super Leverage'?" Below is an edited transcript of the session, courtesy of Shenlian Finance.
For many, the name BitZ brings to mind a veteran exchange that has weathered multiple market cycles.
Founded in 2016 in the British Virgin Islands, BitZ is a globally recognized blockchain asset trading platform with branches in ten countries and regions, including Singapore, Japan, and South Korea. According to TokenInsight's exchange rating system, BitZ ranks fourth worldwide.
BitZ's core team is composed of top professionals from global finance, gaming, e-commerce, and social media industries, united by a mission to provide the safest and most efficient services.
Regular users know BitZ for its consistent stream of innovative products. Since mid-last year, we have launched the industry's most user-friendly perpetual contract, introduced "Coin Staking Treasure" with annualized returns of up to 25%, and rolled out a series of flash sales for discounted mainstream coins within our spot trading ecosystem.
These initiatives reflect BitZ's unwavering commitment to product excellence and our core principle of putting user value first.
Q&A Session
Shenlian Finance: The Bitcoin halving is set for May 13. Many hope this event will mark a turning point from bear to bull market. However, given the ongoing pandemic, economic uncertainty, and the industry-wide flash crash on March 12, doubts about the halving's impact are growing. How should users manage their assets during this unique period?
Mark: First, practice rational asset allocation—accumulate promising cryptocurrencies during market dips while maintaining adequate cash reserves. Second, implement strict risk management: regardless of your strategy, always set clear take-profit and stop-loss levels and stick to your trading discipline.
Timing is crucial for maximizing returns. Regardless of broader market conditions, the halving will alter supply and demand dynamics. Even if it doesn't trigger a full bull market, it should provide short-term bullish momentum. Savvy investors can use this opportunity to grow their assets.
Shenlian Finance: You've noted that leverage products often receive less attention than spot or derivatives trading. Why do you think that is? What's the future for leverage products, and what motivated BitZ to launch "Super Leverage"?
Mark: Leverage has been overlooked for two main reasons. First, high costs: users typically pay daily interest on borrowed funds, which significantly increases the cost of use.
Second, complexity: traditional leverage requires users to borrow assets first, then trade. They must choose the asset to borrow, and after closing a position, manually repay the loan. These cumbersome steps deter many potential users.
To address these pain points, BitZ leveraged our product development expertise and user-first philosophy to create an entirely new product focused on simplicity: Super Leverage.
The timing is strategic. With the halving approaching, accumulating BTC is a priority for many. However, its high unit price can be a barrier for smaller investors, and exorbitant borrowing rates on traditional platforms make it even less accessible. Super Leverage's interest-free borrowing directly solves this problem, which was our primary motivation for launching it.
Shenlian Finance: Most crypto exchanges now offer leveraged trading, a concept borrowed from traditional finance. How does BitZ's new Super Leverage differ from standard offerings on other exchanges? How does it compare to traditional leverage?
Mark: Conceptually, Super Leverage is an innovative financial instrument built on the spot market, incorporating advantages from futures contracts. Trades execute at spot prices, while risk management for positions uses a weighted average spot mark price sourced from major exchanges like Huobi, Binance, OKX, and ZB.
The key advantage over other exchange leverage products is simplicity, which we've broken down into four aspects:
1. Simplicity in Operation and Management:
One-Click Operation: Most exchanges require separate borrowing and trading steps. Super Leverage integrates them into a single flow—choose your direction and click once to borrow and execute the trade simultaneously.
P&L Management: Beyond the basic interface, a dedicated "Asset Holdings" page lets users instantly view total equity, floating P&L, P&L ratio, available margin, and the P&L for each open position.
2. Ease of Use: Fairness and Interest-Free Borrowing
Fairness & Friendliness: We position Super Leverage as a pioneer in "spot-based contracts." By using a weighted average spot mark price from major exchanges for risk management, we ensure fairer controls and eliminate manipulative practices like "liquidation spikes."
Considering our users' moderate risk appetite and ongoing market volatility, Super Leverage uses an isolated margin model. Each trading pair has a separate account with segregated funds—no cross-margining between pairs.
This means if one position faces a margin call due to insufficient funds, assets in other pairs won't be automatically liquidated to cover it. This design also allows users to hedge risk by taking simultaneous long and short positions across different pairs.
Furthermore, Super Leverage offers one of the most convenient take-profit/stop-loss functions in the industry. Users can set custom levels when placing an order. When the market hits those prices, the system automatically executes a closing order at the best available market price.
Users can track their investment returns in real-time directly from their asset holdings and take action—like liquidating at market price or adding margin—based on their market view and account status.
On interest-free lending: It's no secret that other exchanges charge interest on borrowed funds for their leverage products. This not only raises costs for users but also indirectly increases trading risk.
BitZ's Super Leverage breaks from industry norms by offering long-term, interest-free loans. This means users can amplify their trading capital without extra costs, allowing them to chase bigger returns with less upfront capital.
DeepChain Finance: BitZ launched Super Leverage on April 26. Now, two days later, how has it performed? What's the user participation like? Has it met BitZ's expectations?
Mark: In a word: exceptionally hot.
Since launch, over 50,000 users have claimed our Super Leverage trial funds, taking advantage of both our "first-trade profit guarantee" promotion and the product's seamless experience. With the market trending upward, many users have already locked in substantial gains.
This number has exceeded our expectations and strengthened our confidence. It drives us to keep refining the product and ramping up marketing to attract even more users to Super Leverage.
DeepChain Finance: Last October, BitZ Vice President Miggie Zhuang noted that BitZ was the first exchange to launch linear (inverse) perpetual contracts, a move many others have since copied. What's your take on the current state and future of the derivatives (contracts) sector?
Mark: As more users enter derivatives trading and become more experienced, the user base will naturally segment. We'll see a clearer distinction between users with high risk tolerance and those with medium to low tolerance. Exchanges must therefore expand their product lines to cater to this diverse range of needs.
For example, we previously launched what became known as the industry's most user-friendly contract product, which quickly gained popularity. Similarly, our new Super Leverage product is built on the "user value first" principle. It's a spot-based derivative that caters to lower-risk-tolerance traders with flexible leverage options of 3x, 5x, 8x, and 10x, allowing users to choose a level that matches their risk appetite and capital.
More importantly, BitZ's industry-leading suite—spanning spot trading, Super Leverage, and futures contracts—provides seamless leverage coverage from 1x to 100x, fully meeting users' diverse requirements.
DeepChain Finance: How do you see the differences between domestic and international crypto markets?
Mark: In Q1, we focused heavily on overseas expansion, and the results have been very encouraging. Our deep engagement in the Russian market, for instance, has attracted significant user attention. The share of Russian users among our total registrations is growing steadily, and they show particularly high enthusiasm for cryptocurrencies.
However, compared to the huge popularity of derivatives trading domestically, overseas users—especially in Russia—are still focused primarily on spot trading. Derivatives like futures have relatively low penetration there, which represents a key growth opportunity for us going forward.
DeepChain Finance: Beyond spot, margin, and futures trading, what other areas should crypto exchanges focus on to stay competitive as the industry consolidates?
Mark: First, developing more refined products. While exchanges have built relatively comprehensive suites during rapid growth phases, there's still plenty of room to improve the user experience. For example, traditional margin products have seen lukewarm adoption, while Super Leverage took off immediately upon launch. This clearly signals strong user demand for superior products.
Second, an unwavering commitment to "user value first," which requires holistic improvements across product design, customer service, and marketing.
DeepChain Finance: Given this year's economic slowdown due to the pandemic and widespread calls in finance for "deleveraging" and "prudent investing," could BitZ's launch of Super Leverage face headwinds from these macroeconomic trends?
Mark: Regardless of the macro environment, users' fundamental need to grow their assets remains. Super Leverage offers key advantages like interest-free loans, one-click operations, clear P&L management, a fair and friendly system, and multiple leverage options. Combined with the bullish sentiment around the Bitcoin halving and its explosive launch, the product hasn't been negatively impacted by broader economic trends.