Accounts & Wallets
Before using trading features on BBX, users need to log in and understand how the account system works. BBX supports multiple login methods and uses a structure where assets are managed through a funding account and transferred to different trading accounts based on the user’s trading needs.
Login Methods
BBX currently supports the following login methods:
Email login
Telegram login
On-chain wallet login
Users can choose the login method that best fits their preference. Regardless of the login method used, BBX will create the corresponding account system for each user to support deposits, withdrawals, internal transfers, and trading.
Account System
BBX currently includes the following account types:
Funding Account
Perpetual Account
Stock Account
Each account is designed for a different asset use case and trading scenario.
Funding Account
The Funding Account is the main account used for deposits, withdrawals, and internal asset transfers on BBX.
After a user logs in through email, Telegram, or an on-chain wallet, BBX creates a Funding Account for the user. This account is based on Cobo’s non-custodial wallet solution and is used to receive on-chain assets deposited by the user. It also serves as the unified entry point for internal asset transfers within BBX.
Assets deposited to BBX will first enter the Funding Account. After that, users can transfer assets from the Funding Account to the corresponding trading account, such as the Perpetual Account or the Stock Account, depending on their trading needs.
Perpetual Account
The Perpetual Account is used for on-chain perpetual trading on BBX DEX.
When users want to trade perpetual contracts, they need to transfer assets from the Funding Account to the Perpetual Account first. Assets in the Perpetual Account are used for opening positions, maintaining margin, paying trading fees, and other perpetual trading-related operations.
Stock Account
The Stock Account is used for stablecoin stock trading.
When users want to trade stock-based assets with stablecoins, they need to transfer assets from the Funding Account to the Stock Account first. Assets in the Stock Account are used for stablecoin stock trading-related operations.
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