Unlike a perpetual contract, a Regular Contract is a contract with settlement and delivery. Both the Regular Contract and USDT Contract use USDT as the underlying asset, quote, and settlement currency. The price of the contract will be formed entirely by the market price mechanism. Instead of using the index, the profit and loss will be calculated using the last price.
The current Regular Contract is a six-month contract, and the delivery will take place after six months.
USDT, as both the quote currency and settlement currency, is the only asset that exists in your USDT Contract Account. You can use it to trade BTC semi-annual contract and other digital contracts directly, which can reduce the loss in multi-currency exchanges. Of course, your profit is also settled by USDT.
Compared with BTC, EOS and other digital currencies, which may result in the increase in currency amount and the decrease in value of assets due to digital currency depreciation, USDT is relatively stable in the long term run. As both the quote currency and settlement currency, USDT can reduce the abovementioned risk in transactions.
A Regular Contract is currently a six-month contract. The settlement occurs every 7 days on Friday at 17:58, and the delivery time is 17:58 on July 26, 2019 (GMT +8) – the last Friday after half a year.