Dear 58COIN users,
Regular Contract has completed the week 13 settlement at 17:58 (GMT +8), April 19 and the apportioning mechanism has never been activated.
After the weekly mark-to-market, your positions change as follows:
- The unrealized profit and loss become realized.
- Margin, PNL, etc. of the holding positions will be recalculated at the settlement price.
- The funds can be transferred after the settlement.
- User equity does not change.
This is the second settlement after the enabling of Isolated Margin in Regular Contract. Positions against various cryptocurrencies do not interfere with each other and the “estimated liquidation price” replaces “risk level” as the only indicator for judging the position risk. 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 19, 2019