FAQs

1. What is a perpetual contract? A perpetual contract is a type of derivative that allows you to speculate on the price of an asset without an expiration date. Unlike traditional futures, you can hold a perpetual contract indefinitely as long as your margin requirements are met.

2. How does the orderbook work on this exchange? An orderbook matches buy and sell orders based on price and time priority. You can place limit orders to buy or sell at a specific price or market orders for immediate execution at the best available price.

3. What fees are associated with trading on this platform? We offer competitive fees with a low Maker fee for adding liquidity to the market and a slightly higher Taker fee for removing liquidity. Exact fee percentages can be found on our fee schedule.

4. How is liquidation handled in perpetual contracts? An account will be liquidated if the Margin Ratio of the account is lower than the Maintenance Margin Ratio required. More information can be found here.

5. Can I trade with leverage on this platform? Yes, our exchange supports leveraged trading, allowing you to control a larger position with a smaller amount of capital. However, leverage increases both potential profits and risks, so it should be used carefully.