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
BTC trading market – Perpetual Contracts specifications |
|
Product |
Bitcoin Cash |
Type |
BCH |
Quotation |
USD |
Minimum price movement |
0.01USD |
Trading unit |
Lot (1 Lot represents 1 USD of BCH priced at 0.0001 BTC) |
Trading hours |
24/7, 365days |
Leverage |
10X、20X、50X |
Early warning trigger |
Account Equity / Used Margin ≦100% |
Forced liquidation trigger |
Account Equity / Used Margin ≦50% |
Price limit |
Spot index price*(1±5%) |
Transaction fee |
-0.05% to 0.1% according to rank |
Single trade limit |
1000 Lots |
Total position limit |
5000 Lots |
Trading account |
BTC account |
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