Dear 58COIN Users,
The quarterly contract started the sixth settlement in the second quarter of 2020 at 17:58 (UTC +8) on May 8. The settlement has been completed and the apportioning mechanism has not been activated.
After the weekly mark-to-market, your positions change as follows:
- The assets (automatically included in “Available Assets”) in “Unrealized PNL” and “Realized PNL” become transferrable.
- 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.
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.
May 8, 2020