- What is Contract trading?
Differential contracts are financial derivatives that allow traders to profit from rising or falling prices of underlying assets. In our system, the underlying asset is the Bitcoin price in the currency market.
- Leverage operation in Contract trading
In any transaction, leverage plays a role in amplifying funds, allowing traders to trade assets with a small amount of funds several times, and their gains and losses are simultaneously magnified.
- Margin in Contract trading
The margin amount is calculated based on the opening price. Specific margin ratio refers to the contract rule description
- Under what circumstances is the deposit needed?
If there is a position, there will be needed a deposit.
- What is cross marginmodel？
Compared with the isolated model, the total value of the margins of all positions in the user's contract account is compared with the net value in the account to calculate the risk rate, and the capital utilization efficiency is higher.
- Transaction time of Contract
Contract transactions are available 7 * 24 hours a day and are settled at UTC + 0.
- Will the transaction be interrupted during the settlement period?
The settling time of the system is only a few seconds, which theoretically does not affect user transactions.
- How to open and close position？
In the trading area, choose the market price or the limit order, when the order is placed, the system will automatically set the stop-loss stop loss. When the price reaches the set value, the system will automatically close the position, or you can modify the position at the same time. Stop profit and loss setting. Or wait until the transaction, on the position list page, select the market price to close the position to manually close the transaction.
- How to profit from longs and shorts?
If you think that the market will rise, you can do more. When the market really rises, you can get the income. If you think the market will fall, you can short, and when the market really falls, you can get the income.
- What is the opening and closing of the K-line chart?
Open：The selected time period corresponds to the opening price K line.
High：The selected period corresponds to the highest price of the time K line.
Low：The selected period corresponds to the lowest price of the time K line.
Close：The selected time period corresponds to the closing price of the K-line.
- What does logarithmic scale mean?
One way of K-line graph coordinates is to increase or decrease the same amount of money in ordinary coordinates, the length of K-line is equal, in logarithmic coordinates, the same percentage of increase or decrease, and the length of K-line is equal.
- What is a spread bet?
Spread betting is seen as an extra-market transaction, CFDs are seen as part of the market and more of a financial transaction than financial spread betting. While there are practical differences, both instruments are of course useful for investing in a range of markets with highly leveraged positions.
- What does the (0.1-10) stand for?
The minimum maximum number of individual sales and purchase contracts.
- How to default stop-loss and how to set the best stop-loss points?
When opening a position, the system will default to set stop-loss, whose value is equal to just the margin tied up by the user, but because this is the front-end real-time calculation, because the market price transaction can not determine the transaction price at the time of submission, so there may be some deviation in this value, users can manually modify stop-loss settings after the transaction. The purpose of this setting is to avoid the risk of position breakthrough caused by users not setting stop loss.
- Risk of Contract
Risk = Margin / Net Value.
- Net Value, Availability, Used, Frozen in Contract Account
Net value - used - frozen = available.
- Frozen margin
Opening position deposit can be frozen if there is no transaction is concluded.
- How to calculate the frozen margin
The calculation formula for the frozen margin is the same as the calculation formula for the margin. Margin = Entrusted Price * Entrusted Quantity * Contract Size * Margin Ratio.
- Frozen service fee
The opening position fee will temporarily be frozen until closing the position.
When the order is in the entrusted state, the service fee that needs to be deducted at the time of the transaction is first frozen, so as not to be deducted when the transaction is completed. The frozen amount is equal to the service fee charged after the transaction.
- Frozen handling fee deduction time
When the entrusted transaction is completed, the frozen service fee will be reduced to the opening service fee.
- The pending order gives an error "message: 3046"
The commission price must be greater than the purchase price or less than the offer price. This is the trading rule.
- Will the price and quantity of the order be limited?
Limited order price should not be between the purchase price and the sale price of the system. Quantity needs to meet both the maximum and minimum limit for single stroke and the upper limit for variety holding.
- Under what circumstances will the positionnot be opened?
Insufficient margin, position caps, and system maintenance or other unpredictable circumstances.
- After the position is closed , why is the transaction price displayed by the history commission, is not shown on the K-line chart?
K-line shows the latest price, that is, the selling price of the system. If the system holds empty orders, the actual closing price is the buying price. This price is higher than the selling price, but it can not be expressed on K-line.
After the user opens the position, he has a position.
- How long can an order remain if it has not been filled for a long time?
The order is permanently valid.
- The order has been closed at the market price the day before, why will it remain open the next day?
Unlike in currency transactions, the commissioned transaction is considered to be the end of the transaction. In contract transactions, only after the holding position has been liquidated will the end of the transaction be considered. If there is no liquidation, it will always be displayed in the holding position.
- Equity and Profit and Loss of Contract Account
More than one floating profit and loss = (selling price - opening price) * lot * contract size
Empty single floating profit and loss = (opening price - buying price) * lot * contract size
Account equity is the net value of the account, in the case of the currently held USDT assets + floating profit and loss.
- Contract Settlement
Contract Settlement Time: Daily Zero Point (UTC+0)
At daily settlement, only overnight charges are calculated.
- Can a Contract account be refilled?
No, it can only be transferred between the currency account and only the currency account can be recharged.
- Forced closing instructions
When the risk rate of the contract account reaches the system-set value (tentatively 200%), and triggers a forced liquidation, all positions held by the user are closed at the current market price.