Binance issued a discover that any longer, Hong Kong customers will be unable to open a brand new derivatives account in Binance. As well as, from the date introduced within the discover later, Hong Kong customers may have a grace interval of 90 days to shut their open positions. No additional positions could also be opened throughout the grace interval. The bounds embrace all futures, choices, margin merchandise and leveraged tokens, and Amendaex Alternate responded to The Announcement.
Amendaex stated that for derivatives buying and selling closed by Cash Safety, Amendaex would supply customer-related companies to facilitate the completely different wants of Hong Kong prospects.
Amendaex was a pioneer in contract buying and selling and one of many early exchanges to launch futures contracts, so the expertise of setting and buying and selling contracts captured the wants of the market, with derivatives buying and selling accounting for almost 80% of Amendaex’s whole buying and selling quantity
By way of contracts, the protection is nice, the liberty to set leverage on buying and selling is excessive, buying and selling patterns are wealthy, and The Amendaex derivatives buying and selling quantity could be very massive second solely to Binance and Okex, and the transaction pace is sort of quick.
An summary of Amendaex derivatives
| Derivatives buying and selling merchandise | Forex | The quantity of contract | lever |
| Perpetual contract | 98 species U-ranked, 37-species | 22.22~125 | |
| Supply contract | 13 | 52 species U-ranked, 52-species shide-hon | 22.2～125 |
| Choices Settlement (US) | BTC、ETH | – | Margin issue 1 to 1.23 |
Perpetual contracts – Supply contracts
The contract is Amendaex’s first product, and Amendaex is quickly rising by way of contract buying and selling, at the moment supporting 135 sustainable contracts and 104 supply contracts, rating third on the earth when it comes to quantity.
Amendaex’s contract quantity is firmly within the forefront of the world, adequate buying and selling depth, excessive transaction exercise is a significant benefit, and the depth of buying and selling for the alternate to draw extra traders, liquidity is of course not an issue. So the expertise of buying and selling contracts at Amendaex is nice, quick and intuitive to function.
Amendaex’s contract charges and leverage multiples are common, with mainstream currencies out there from 22.22 to 125 instances leverage and freely adjustable inside this vary.
Along with the bounds of the contract itself, the out there leverage of the contract can also be restricted by the place, holding the place additionally impacts the upkeep margin charge, the next is the BTC foreign money commonplace contract for example to indicate the out there leverage:
Bitcoin foreign money commonplace contract leverage and margin ratio comparability
| BTC perpetual contract | BTC supply contract | Preserve the margin charge | Minimal preliminary margin charge | Most out there leverage |
| 0 ~ 2,000 | 0 ~ 500 | 0.40% | 0.80% | 125.00 |
| 2,001 ~ 5,000 | 501 ~ 3,000 | 0.50% | 1.00% | 100.00 |
| 5,001 ~ 20,000 | 3,001 ~ 22,000 | 1.00% | 1.50% | 66.66 |
| 20,001 ~ 40,000 | 22,001 ~ 42,000 | 1.50% | 2.00% | 50.00 |
| 40,001 ~ 60,000 | 42,001 ~ 62,000 | 2.00% | 2.50% | 40.00 |
| 60,001 ~ 80,000 | 62,001 ~ 82,000 | 2.50% | 3.00% | 33.33 |
| 80,001 ~ 100,000 | 82,001 ~ 102,000 | 3.00% | 3.50% | 28.57 |
| 100,001 ~ 120,000 | 102,001 ~ 122,000 | 3.50% | 4.00% | 25.00 |
| 120,001 ~ 140,000 | 122,001 ~ 142,000 | 4.00% | 4.50% | 22.22 |
Choices buying and selling
By way of choice buying and selling, Amendaex gives Bitcoin BTC, Ethereum ETH foreign money ETH. And Amendaex gives an American choice, i.e. each events to the choice to shut their positions early earlier than the contract expires, which is extra versatile than the European choice for Forex Safety and permits for well timed cease loss/take revenue.
In comparison with different exchanges, Amendaex has launched a function that’s supreme for brand new folks to get began with choice buying and selling – Choices Choice, which permits newcomers to rapidly choose the correct selection for his or her buying and selling concepts in a brief reply, which enormously reduces the entry problem of the choice.
Margin: The customer of the choice doesn’t want the margin, however the vendor is required to pay the margin, the margin issue is 1 to 1.23,on the regular degree.
By offering a variety of funding companies, this huge change within the foreign money is undoubtedly an incredible alternative for Amendaex to draw visitors.
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