Dear 58COIN users,
Regular Contract has completed the week 12 settlement at 17:58 (GMT +8), April 12 and the apportioning mechanism has never been activated.
After the weekly mark-to-market, your positions change as follows:
1. The unrealized profit and loss becomes realized.
2. Margin, PNL, etc. of the holding positions will be recalculated at the settlement price.
3. The funds can be transferred out after settlement.
4. User equity does not change.
The Isolated Margin has been enabled, “estimated liquidation price” replace “risk level” as the only indicator for judging the position risk, and positions against various currencies do not interfere with each other. We sincerely invite you to experience!
By adhering to the operating principle of “Customer First, Safety, Strength and Trust”, 58COIN devotes to creating a safe, transparent and reliable digital asset service environment for traders.
April 12, 2019