BCH Perpetual Contracts Introduction in BTCTrading Area

BCH

Bitcoin ABC is a full node implementation of the Bitcoin Cash protocol, designed to provide a reliable, stable process to develop Bitcoin Cash through an open, collaborative process.

BCH contracts: BCH as underlying asset, USD as reference currency and BTC as settlement currency, where 1 Lot = Latest BCH price /10000 number of BTC (10000 is used purely as a BTC trading unit and have no relation to actual exchange rates). 10x, 20x or 50x leverage trading available.

BCH Perpetual Contracts example: 

If the current price of BCH is quoted at 150USD, and trader would like to short the market (i.e. expecting prices to fall) with 100 Lots:

Amount = Market price /Trading unit * number of Lots =150/10000*100=1.5BTC

If trader chose to trade with 10x leverage:

Margin used=Transaction amount/Leverage=1.5/10=0.15BTC, using only 0.15BTC to trade 100 Lots of BCH contracts.

If prices fall to 130USD and trader closes positions, profit is calculated per below:

Profit =（Opening price - Selling price）/Trading unit * Positions sold =（150-130）/10000*100 = 0.2BTC