How to Trade a Quarterly Contract?

The trading mechanism of the Quarterly Contract is similar to futures trading structure, but with certain differences. All margin, profits and losses are dominated in USDT. The Quarterly Contract is not quoted by the index, and the profit and loss in the market are calculated by the last transaction price.

1. Margin and Leverage

All margins of the Quarterly Contract are calculated in USDT. You can conduct two-direction trade, long or short on multiple contracts, that said, you can long or short positions in two directions.

We offer 2x, 3x, 5x, 10x, 20x, 33x, 50x , 100x and 150x leverage. You can choose a leverage when opening a position, and this leverage cannot be adjusted after opening the position. Regardless of the leverage you use, the final leverage will be calculated based on the actual leverage (open positions).

 

2. Trade Example:

If you want to long Bitcoin with 2 BTC, but the principal is not enough. Then, through Quarterly Contract, you can buy (long) 10 lot BTC Quarterly Contract (1 lot = 0.002BTC) with 100x leverage. That is, you can hold a BTC long position valuing 2BTC by providing only the USDT with a value of 0.02 BTC.

Note: Since the Quarterly Contract uses a cross-margin model, the price of digital currencies can be highly volatile. Traders should be cautious and aware and select the appropriate leverage and position for trading.

The Quarterly Contract assesses the risk level by using a multi-position combined calculation to offer a better trading strategy for traders, especially for hedgers, who can realize multi-currency hedging in one account.

For example, if you hold a BTC six-month contract position with an unrealized profit of 100 USDT and an ETH six-month contract position with an unrealized loss of 50 USDT, then the unrealized profit and loss in your account is +50 USDT.

Before settlement, the unrealized profit of the six-month contract can be used to open new positions but cannot be withdrawn, and after settlement, this profit can be taken out.