<p><strong><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">1. Login <br /></span></strong></p> <p class="ql-long-20914703"><span class="wysiwyg-color-black"><span class="ql-size-9 ql-author-20914703">Visit MEXC official website </span><a class="ql-link ql-author-20914703" href="https://www.mexc.ai" target="_blank" rel="noopener noreferrer">https://www.mexc.com </a><span class="ql-size-9 ql-author-20914703">and select <strong>[Futures Markets]</strong> under the <strong>[Derivatives]</strong> menu to do real contract trading. <br /></span></span><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232723206IHOrnACt9A4bzr.png" alt="1.png" /></p> <p class="ql-long-20914703"> </p> <p class="ql-long-20914703"><span class="wysiwyg-color-black"><span class="ql-size-9 ql-author-20914703"><strong>2. Please learn the swap interface carefully.</strong><br />It mainly includes contract information, trading pairs, price information, position and order information, depth picture and limit / stop-limit order window.<br /><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232724846oMQK7G8ltF4o0Y.png" alt="2.png" /><br /></span><br /></span></p> <p class="ql-long-20914703"><strong><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">3. Trading</span></strong></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">(1) MEXC Swap includes USDT swap and inverse swap. USDT swap takes USDT as margin, while inverse swap takes the corresponding cryptocurrency as margin. Users can trade either of them according to demand. <br /><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232726285FPvUgZ3JIyq285.png" alt="Trading_1.png" /><br /></span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">(2) Asset Transfer. If the contract balance is insufficient, users can transfer the asset from the spot account to the contract account. If there’s insufficient balance in the spot account, users can deposit or do OTC trading.<br /><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202304282327276855IuePHtZlzmJqE.png" alt="Transfer.png" width="300" height="705" /><br /></span></p> <p><span class="wysiwyg-color-black"><span class="ql-size-9 ql-author-20914703">(3) Place an order at the order window and click <strong>[Buy] </strong>or <strong>[Sell]</strong>.<br /><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232729098A2mGOtPEbw6r2x.png" alt="Order.png" width="300" height="604" /><br /></span></span></p> <p class="ql-indent-1 ql-long-20914703"> </p> <p><strong><span class="wysiwyg-color-black"> <span class="ql-size-9 ql-author-20914703">4. Leverage </span></span></strong></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">MEXC Futures provides 1 - 125x leverage. The leverage multiplier is different based on the specific product. The leverage multiplier is determined by the initial margin and maintenance margin, and the leverage multiplier determines the minimum asset required to open or maintain a position. You can check the minimum initial margin and maintenance margin required for all contract products here. </span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">**MEXC Swap now supports users to modify leverage multiplier in both long and short directions under isolated margin mode.<br /><br /></span></p> <p class="ql-long-20914703"><strong><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">[How to modify multiplier]</span></strong></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">For example, the leverage multiplier for a user’s long position is 20X, and the short position is 100X. To lower hedging risks, the user wants to adjust the 100x short position to 20x.<br /><img src="https://support.mexc.com/hc/article_attachments/4408124627609/Short_100x.PNG" alt="Short_100x.PNG" /><br /></span></p> <p><span class="wysiwyg-color-black"><span class="ql-size-9 ql-author-20914703">Click <strong>[Short 100x]</strong> and adjust the leverage multiplier you prefer. Here we adjust it to 20X and click <strong>[Confirm].</strong></span></span></p> <p class="ql-long-20914703"><img src="https://support.mexc.com/hc/article_attachments/4408124640409/20x.PNG" alt="20x.PNG" /></p> <p><span class="wysiwyg-color-black"><span class="ql-size-9 ql-author-20914703">After adjustment, the leverage multiplier for the short position turns to 20X.<br /><img src="https://support.mexc.com/hc/article_attachments/4408132879001/after_20x.PNG" alt="after_20x.PNG" /><br /></span><br /></span></p> <p><strong><span class="wysiwyg-color-black"> <span class="ql-font-timesnewroman ql-author-20914703">5. Cross margin<br /></span></span></strong></p> <p class="ql-long-20914703"><span class="ql-font-timesnewroman ql-author-20914703 wysiwyg-color-black">The cross margin refers to the use of all available balances in the account as margin to avoid forced liquidation. Any other position that has achieved profit can also be margin for losing positions.</span></p> <p class="ql-long-20914703"><span class="ql-font-timesnewroman ql-author-20914703 wysiwyg-color-black">The cross margin includes the initial margin and available balance of the contract account, and the losing balance will not be margin to other cross positions. MEXC contract now supports the adjustment from isolated margin to cross margin, but not from cross margin to isolated margin.<br /><br /></span></p> <p class="ql-long-20914703"><strong><span class="wysiwyg-color-black"><span class="ql-size-12 ql-font-timesnewroman ql-author-20914703">6. Isolated Margin<br /></span></span></strong></p> <p class="ql-long-20914703"><span class="ql-size-12 ql-font-timesnewroman ql-author-20914703 wysiwyg-color-black">Under isolated margin mode, even if the position is liquidated, the maximum loss will only be the position’s initial margin and the added margin. The available balance will not be used as a margin. Therefore, if the investing strategy is wrong, isolated margin mode will limit your loss. </span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">Users can add margin manually to increase/decrease the liquidation price. If a user adjusts the leverage multiplier after adding margin, the margin added will be reset.</span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">*By default, Futures is under isolated margin mode. Click <strong>[Cross]</strong> to turn the contract into cross margin mode. <br /><img src="https://support.mexc.com/hc/article_attachments/4408124658585/cross.PNG" alt="cross.PNG" /><br /></span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">*MEXC contract now support the adjustment from isolated margin mode to cross margin mode, but not vice versa. <br /><br /></span></p> <p class="ql-long-20914703"><strong><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">[How to adjust?]</span></strong></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">MEXC Contract supports users to adjust leverage multiplier in either long or short direction simultaneously. Users can adjust to any leverage multipliers under the isolated margin mode. </span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">For example, if a user holds 20x long for BTC/USDT swap in isolated mode, and he wants to adjust the isolated mode into cross margin mode. He can first click <strong>[Long 20x]</strong>, and then <strong>[Cross]</strong>, at last <strong>[Confirm]</strong>.<br /></span></p> <p><span class="wysiwyg-color-black"> <strong>7. Open Long/Short</strong></span></p> <p class="ql-long-20914703"><span class="wysiwyg-color-black">(1) Open long</span></p> <p class="ql-long-20914703"><span class="ql-size-12 ql-font-timesnewroman ql-author-20914703 wysiwyg-color-black">If the trader judges that the market price will rise in the future, he can buy long of the contract. </span><span class="ql-size-12 ql-font-timesnewroman ql-author-20914703 wysiwyg-color-black">Buy/long is actually buying the contract at the right price, waiting for the market price to rise and then selling (close position) to earn the difference, similar to the spot transaction, referred to as "buy first and then sell". </span></p> <p class="ql-long-20914703"><span class="wysiwyg-color-black">(2) Open short</span></p> <p class="ql-long-20914703"><span class="ql-size-12 ql-font-timesnewroman ql-author-20914703 wysiwyg-color-black">If the trader judges that the market price will fall in the future, he can sell short of the contract. </span><span class="ql-size-12 ql-font-timesnewroman ql-author-20914703 wysiwyg-color-black">Open short is actually selling the contract at the right price, waiting for the market price to fall and then buying to earn the difference, referred to as “sell first and then buy”.<br /><br /></span></p> <p><strong><span class="wysiwyg-color-black"><span class="ql-size-9 ql-author-20914703">8. Order type</span></span></strong></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">MEXC Contract supports various order types to satisfy the trading demand of different users. <br /><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232731329L3qtkuPcS2SQ3I.png" alt="Order_Type.png" /></span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">1. Limit order</span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">Users can place an order at a limit price, and the order will be filled if the market price reaches the limit price.</span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">2. Best Bid and Offer (BBO)</span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">Users do not need to set a price, and orders will be filled instantly at the best market price at the time.<br /></span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">3. Trigger-limit</span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">There's "Trigger Price" and "Price". When the market price meets the "Trigger Price", the system will put the order at the "Price", which is the limit price.</span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">4. Post Only</span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">Post Only means that the orders placed by the users will not be filled immediately. Hence, the users will always be the maker who can enjoy the benefits as liquidity providers.</span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">5. Immediately or cancel (IOC)</span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">The limit has to be filled completely at the limit price. If not, the order will be cancelled. It cannot be partially filled.</span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">6. Market-to-Limit (MTL)<br /></span><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">The order will be filled at the best price and the unfilled order will be converted into a limit order.</span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">7. Set Stop-Limit </span></p> <p class="ql-long-20914703"><span class="ql-size-9 ql-author-20914703 wysiwyg-color-black">MEXC Futures supports setting Take-profit and Stop-loss prices at the same time. Take short BTCUSDT as an example, open a short position at the price of 10,300 USDT, fill in the Take-profit price at 10200, the Stop-loss price at 10400, and click on <strong>[Short]</strong> to set both Take-profit and Stop-loss prices.</span></p> <p class="ql-long-20914703"> </p> <p class="ql-long-20914703"><span class="wysiwyg-color-black"><strong class="ql-size-12 ql-author-20914703">What are the advantages of Futures?</strong></span></p> <p class="ql-long-20914703"><span class="wysiwyg-color-black"><span class="ql-size-12 ql-author-20914703">For example, suppose that traders A and B participate in BTC trading at the same time, A uses BTCUSDT Futures</span><span class="ql-size-12 ql-author-20914703">, B buys spot directly (equivalent to no leverage).</span></span></p> <p class="ql-long-20914703"><span class="ql-size-12 ql-author-20914703 wysiwyg-color-black">The BTC price at the time of opening position is 7000 USDT, the opening value is 1 BTC, and the face value of BTCUSDT Futures is 0.0001 BTC.</span></p> <div class="ql-long-20914703"> <span class="wysiwyg-underline"><strong><span class="ql-size-14 ql-author-20914703 wysiwyg-color-black">Open Long </span></strong></span> </div> <p class="ql-long-20914703"><span class="ql-size-12 ql-author-20914703 wysiwyg-color-black">If the BTC price rises to 7500 USDT, we compare the earnings of A and B:</span></p> <table></table> <table><tbody></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">Project</strong></span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">A- Futures</strong></span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">B - Spot Trading</strong></span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">Open value</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="ql-size-12 wysiwyg-color-black">7000 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">7000 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">Opening position Value</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="ql-size-12 wysiwyg-color-black">10,000 contracts (about 1BTC) </span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">1BTC</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">Leverage multiple</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="ql-size-12 wysiwyg-color-black">100 times</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">without leverage (1x)</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">Position margin</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">70 USDT</strong></span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">7000 USDT</strong></span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">Earnings</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="ql-size-12 wysiwyg-color-black">500 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">500 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">Yield rate</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">714.28%</strong></span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">7.14%</strong></span></p> </td></tr></tbody></table> <div class="ql-long-20914703"> </div> <div class="ql-long-20914703"> <span class="wysiwyg-underline"><strong><span class="ql-size-14 ql-author-20914703 wysiwyg-color-black">Open Short </span></strong></span> </div> <p class="ql-long-20914703"><span class="ql-size-12 ql-author-20914703 wysiwyg-color-black">If the BTC price drops to 6500 USDT, we compare the A and B earnings:</span></p> <table></table> <table><tbody></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">Project</strong></span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">A- Futures</strong></span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">B - Spot Trading</strong></span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">Open value</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="ql-size-12 wysiwyg-color-black">7000 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">7000 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">Opening position Value</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="ql-size-12 wysiwyg-color-black">10,000 contracts (about 1BTC) </span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">1BTC</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">Leverage multiple</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="ql-size-12 wysiwyg-color-black">100 times</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">without leverage (1x)</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">Position margin</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">70 USDT</strong></span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">7000 USDT</strong></span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">Earnings</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="ql-size-12 wysiwyg-color-black">500 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">500 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="ql-size-12 wysiwyg-color-black">Yield rate</span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top" width="216"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">714.28%</strong></span></p> </td></tr></tbody></table> <table><tbody><tr><td class="ql-sheet-cell ql-vertical-top"> <p><span class="wysiwyg-color-black"><strong class="ql-size-12">7.14%</strong></span></p> </td></tr></tbody></table> <p class="ql-long-20914703"><span class="wysiwyg-color-black"><span class="ql-size-12 ql-author-20914703">If you need more information about the calculations, use the "</span><strong class="ql-size-12 ql-author-20914703">Calculator</strong><span class="ql-size-12 ql-author-20914703">" in the upper right corner of our trading page.</span></span></p> <p class="ql-long-20914703"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202304282327326862IWqnzTIiwako7.png" alt="calculator.png" /></p>
<p><span style="font-weight:400"><span style="font-style:normal;font-weight:400;letter-spacing:normal;text-indent:0px;text-transform:none;word-spacing:0px;text-decoration:none;color:rgb( 0 , 0 , 0 )"></span>Login</span></p> <p><span style="font-weight:400">1. Visit the MEXC website at www.mexc.com, click on [Futures] and select [Perpetual Futures] - [USDT-M Perpetual Futures] to enter the live futures trading page.</span></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230620175210867eIENyhdVx7ZfhW.png" width="807" /></p> <p><span style="font-weight:400">2. Please browse the MEXC perpetual contract trading page carefully to understand the contents of each section. This includes: basic market details, K-line, order book information, depth chart, position and order information, and asset information. You can also view futures details, which allows you to view the risk limit, trading rules, index price, fair price, funding rate history, and insurance fund account status of the contract. You can also view order-related information through the orders.</span></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202306201752109312pSw3jvmg20WTJ.png" width="754" /></p> <p><span style="font-weight:400">*Click [Futures Trade] [Orders] for more details</span></p> <p> </p> <p><span style="font-weight:400">3. Trade</span></p> <p><span style="font-weight:400">（1）MEXC perpetual contract consists of USDT-M contracts and COIN-M contracts. USDT-M contracts use USDT as margin, while COIN-M contracts use the corresponding crypto as margin. Users can choose different trading pairs to trade according to their needs.</span></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012801946aNenzGDUGIv29U.png" alt="en311.png" width="255" /></p> <p><span style="font-weight:400">（2）If there are not enough funds available, users can transfer funds from their spot account to their futures account. If there are no funds in the spot account, users have to top up or trade in fiat.</span></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012803400vtFdWzDsF89J0X.png" alt="en321.png" width="293" /></p> <p><span style="font-weight:400">（3）To submit an order, fill in the order information in the order section (including selecting the order type, price, and quantity) and then submit the order.</span></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012804770RlmhytBrzuQl40.png" alt="en331.png" width="247" /></p> <p><span style="font-weight:400">4. Leverage</span></p> <p><span style="font-weight:400">MEXC perpetual contracts support up to 200x leverage, and the maximum leverage varies by product. Leverage is determined by the initial margin and maintenance margin levels. They determine the minimum amount of capital you need to open and maintain a position.</span></p> <p><span style="font-weight:400">* The current two-way mode allows users to use different leverage multiples for long and short positions, and also supports margin mode switching. This means users can switch between cross margin and isolated margin mode.</span></p> <p><span style="font-weight:400">[How to change multiplier]</span></p> <p><span style="font-weight:400">For instance, the multiplier for the long position is 3X and 20X for the short position. In order to reduce the risk hedging, it is recommended that users change the long position from 3X to 20X.</span></p> <p><span style="font-weight:400">Click the [Long 3X] button, and then manually adjust the multiplier. Here, we adjust it to 20X,. Click [Confirm].</span></p> <p><span style="font-weight:400">The leverage multiplier of the long position has changed to 20X.</span></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012806081olqBhMcj3p0Z7U.png" alt="en4.png" width="323" /></p> <p> </p> <p><span style="font-weight:400">5. Cross Margin Mode</span></p> <p><span style="font-weight:400">Cross margin refers to the use of all available balance in the account as margin to avoid liquidation. In this margin mode, liquidation will be triggered when the equity is insufficient to meet the maintenance margin requirement. If a cross margin position is liquidated, the user will lose all assets in the account except for the margin of the isolated margin positions.</span></p> <p> </p> <p><span style="font-weight:400">6. Isolated Margin Mode</span></p> <p><span style="font-weight:400">The maximum loss of isolated position is limited to the initial margin of the position and the increased margin used by the position. If a position gets liquidated, the user will only lose the isolated position margin for each position, and the available balance of the account will not be added. By isolating the margin used for a position, you can limit losses on that position, thus helping you if your short-term speculative trading strategy fails.</span></p> <p><span style="font-weight:400">Users can manually add margin for their isolated margin positions to optimize the liquidation prize. </span></p> <p><span style="font-weight:400">*The system default is isolated margin mode. It will change to cross margin mode when the option is clicked.</span></p> <p> </p> <p><span style="font-weight:400">*Currently, MEXC perpetual contracts allow users to change from isolated margin mode to cross margin mode; note that users can’t change cross margin positions to isolated margin positions.</span></p> <p><span style="font-weight:400">[Change to Isolated Margin]</span></p> <p><span style="font-weight:400">Currently, users can use different leverage multipliers for both long and short positions, and can modify any leverage multiplier in isolated margin mode.</span></p> <p><span style="font-weight:400">[How to Change]</span></p> <p><span style="font-weight:400">For instance, there is a current long BTCUSDT position with 20X leverage. If you want to change the isolated margin mode to cross margin mode, click the [Long 20X] button, then click the [cross margin] button, and finally click [Confirm].</span></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202304290128074357unQvcaVo17KEP.png" alt="en6.png" width="266" /></p> <p><span style="font-weight:400">7. Long & Short</span></p> <p><span style="font-weight:400">（1）Buy Long</span></p> <p><span style="font-weight:400">A trader will buy more contracts if he judges that the market price will rise in the future.</span></p> <p><span style="font-weight:400">Going long means buying a contract at a suitable price, waiting for the market price to rise, and then selling (closing the position) to earn the difference. It is similar to spot trading and is referred to as "buy first and sell later".</span></p> <p> </p> <p><span style="font-weight:400">（2）Sell Short</span></p> <p><span style="font-weight:400">A trader will sell contracts if he judges that the market price will fall in the future.</span></p> <p><span style="font-weight:400">Sell short means selling a contract at a suitable price and waiting for the market price to fall before buying (closing the position) to earn the difference. It is referred to as "sell first and buy later".</span></p> <p><span style="font-weight:400">If you have completed the above steps, congratulations, you have traded successfully!</span></p> <p> </p> <p><span style="font-weight:400">8. Order</span></p> <p><span style="font-weight:400">A variety of order modes are available for MEXC futures, enough to fully meet all traders’ trading needs.</span></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012808774tEKqwoj1ASIvDV.png" alt="en8.png" width="234" /></p> <p><span style="font-weight:400">（1）Limit Order</span></p> <p><span style="font-weight:400">Limit orders allow the user to set the order price and the order will be filled at the order price or at a price better than the order price.</span></p> <p><span style="font-weight:400">When using limit order, users can also set the time in force according to their trading needs, with the default being GTC:</span></p> <p><span style="font-weight:400">- GTC (Good-Til-Canceled): This type of order will remain in effect until it is completely filled or canceled.</span></p> <p><span style="font-weight:400">- IOC (Immediate-Or-Cancel): This type of order will be canceled if the order is not filled immediately at the specified price.</span></p> <p><span style="font-weight:400">- FOK (Fill Or Kill): This type of order will be canceled immediately if the order is not filled in full.</span></p> <p> </p> <p><span style="font-weight:400">（2）Market Order</span></p> <p><span style="font-weight:400">Market orders will be filled at the best price available in the order list at the time, eliminating the need to set your own price and allowing orders to be filled quickly.</span></p> <p><span style="font-weight:400">（3）Trigger Order</span></p> <p><span style="font-weight:400">Users set a trigger price. When the base price (market price, index price, fair price) reach the trigger price, the order will be placed at the order price (support limit or market price).</span></p> <p><span style="font-weight:400">（4）Post Only</span></p> <p><span style="font-weight:400">Post only orders will not be immediately traded in the market, ensuring that the user is always a Maker. At the same time, if the order is filled with an existing order, the order will be immediately revoked.</span></p> <p> </p> <p><span style="font-weight:400">（5）Trailing Stop Order</span></p> <p><span style="font-weight:400">A Trailing Stop Order is a strategy order that tracks the market price. Its trigger price may change with market volatility. This trigger price calculation: Sell, Actual Trigger Price = Market's Historically Highest Price - Trail Variance (Var.), Or Market's Historically Highest Price * (1 - Trail Variance %) (Ratio); Buy, Actual Trigger Price = Market's Historically Lowest Price + Trail Variance, Or Market's Historically Lowest Price * (1 + Trail Variance %). At the same time, the user can select the price at which the order is activated. The system will start to calculate the trigger price only after the order is activated.</span></p> <p><span style="font-weight:400">（6）Stop Limit Take Profit</span></p> <p><span style="font-weight:400">MEXC perpetual contract supports opening positions while setting stop loss and take profit. To short BTCUSDT, for example, the entry price 21850 USDT, fill in the take profit price as 21900, stop loss price 21800, and click sell.</span></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012810123MsKH7mDWrolS4y.png" alt="en86.png" width="223" /></p> <p><span style="font-weight:400">What are the advantages of using perpetual contracts for investment purposes? Let's take the example of a USDT-M contract:</span></p> <p><span style="font-weight:400">Suppose trader A and B participate in BTC trading at the same time, A uses MEXC perpetual contract while B buys spot directly (equivalent to 1 times without opening leverage).</span></p> <p><span style="font-weight:400">The entry price of BTC is 7000 USDT with the entry value of 1 BTC. MEXC perpetual contract BTCUSDT single contract value is 0.0001BTC.</span></p> <p> </p> <p> </p> <p><span style="font-weight:400">Buy/Long Example</span></p> <p><span style="font-weight:400">If the price of BTC increase to 7500 USDT, let’s compare A and B’s earnings: </span></p> <p> </p> <table><tbody><tr><td> <p><span style="font-weight:400">Project</span></p> </td><td> <p><span style="font-weight:400">A-Perpetual Contracts</span></p> </td><td> <p><span style="font-weight:400">B-Spot Trade</span></p> </td></tr><tr><td> <p><span style="font-weight:400">Entry Price</span></p> </td><td> <p><span style="font-weight:400">7000 USDT</span></p> </td><td> <p><span style="font-weight:400">7000 USDT</span></p> </td></tr><tr><td> <p><span style="font-weight:400">Entry Value</span></p> </td><td> <p><span style="font-weight:400">10000 contr. (approx. 1 BTC)</span></p> </td><td> <p><span style="font-weight:400">1 BTC</span></p> </td></tr><tr><td> <p><span style="font-weight:400">Multiplier</span></p> </td><td> <p><span style="font-weight:400">100X</span></p> </td><td> <p><span style="font-weight:400">1X (no leverage)</span></p> </td></tr><tr><td> <p><span style="font-weight:400">Funds Used</span></p> </td><td> <p><span style="font-weight:400">70 USDT</span></p> </td><td> <p><span style="font-weight:400">7000 USDT</span></p> </td></tr><tr><td> <p><span style="font-weight:400">Earnings</span></p> </td><td> <p><span style="font-weight:400">500 USDT</span></p> </td><td> <p><span style="font-weight:400">500 USDT</span></p> </td></tr><tr><td> <p><span style="font-weight:400">Yield Rate</span></p> </td><td> <p><span style="font-weight:400">714.28%</span></p> </td><td> <p><span style="font-weight:400">7.14%</span></p> </td></tr></tbody></table> <p> </p> <p> </p> <p><span style="font-weight:400">Sell/Short Example</span></p> <p><span style="font-weight:400">If the price of BTC decrease to 6500 USDT, let’s compare A and B’s earnings: </span></p> <p> </p> <table><tbody><tr><td> <p><span style="font-weight:400">Project</span></p> </td><td> <p><span style="font-weight:400">A-Perpetual Contracts</span></p> </td><td> <p><span style="font-weight:400">B-Spot Trade</span></p> </td></tr><tr><td> <p><span style="font-weight:400">Entry Price</span></p> </td><td> <p><span style="font-weight:400">7000 USDT</span></p> </td><td> <p><span style="font-weight:400">7000 USDT</span></p> </td></tr><tr><td> <p><span style="font-weight:400">Entry Value</span></p> </td><td> <p><span style="font-weight:400">10000 contr. (approx. 1 BTC)</span></p> </td><td> <p><span style="font-weight:400">1 BTC</span></p> </td></tr><tr><td> <p><span style="font-weight:400">Multiplier</span></p> </td><td> <p><span style="font-weight:400">100X</span></p> </td><td> <p><span style="font-weight:400">1X (no leverage)</span></p> </td></tr><tr><td> <p><span style="font-weight:400">Funds Used</span></p> </td><td> <p><span style="font-weight:400">70 USDT</span></p> </td><td> <p><span style="font-weight:400">7000 USDT</span></p> </td></tr><tr><td> <p><span style="font-weight:400">Earnings</span></p> </td><td> <p><span style="font-weight:400">500 USDT</span></p> </td><td> <p><span style="font-weight:400">500 USDT</span></p> </td></tr><tr><td> <p><span style="font-weight:400">Yield Rate</span></p> </td><td> <p><span style="font-weight:400">714.28%</span></p> </td><td> <p><span style="font-weight:400">7.14%</span></p> </td></tr></tbody></table> <p> </p> <p><span style="font-weight:400">By comparing the above cases, we find that A used 100 times leverage and only 1% ofB's margin to get the same return, making a big profit from a small amount.</span></p> <p> </p> <p><span style="font-weight:400">If you need to know more about the data calculation, you can use the "Calculator" on our trading page.</span></p> <p></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230620174927902Jo9sfjXU0uyDw9.png" width="515" /></p><p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230620174927934FAl5ceKGZGWFMB.png" width="517" /></p><p><br /></p>
<p><span style="font-weight: 400;">When a trader’s position is liquidated, the position is taken over by MEXC's perpetual contract liquidation system. If the liquidation cannot be filled by the time the fair price reaches the bankruptcy price, the ADL system will automatically deleverage the positions of traders with reverse positions. The order of deleveraging is based on leverage and profit ratio.</span></p> <p> </p> <p><span style="font-weight: 400;">Automatic Deleveraging Ranking System:</span></p> <p><span style="font-weight: 400;">（1）Deleveraging Process</span></p> <p><span style="font-weight: 400;">The trader’s positions are liquidated based on the bankruptcy price of the positions. If the insurance fund is still not enough, automatic deleveraging will be triggered.</span></p> <p><span style="font-weight: 400;">The effective leveraging PNL ranking is calculated by the counterparty based on profits and effective leverage. Traders who trade aggressively and earn the most profits will be marked with ADL sequence priority. Automatic deleveraging at bankruptcy prices of ADL executed parties with the top traders in terms of effective leverage PNL.</span></p> <p> </p> <p><span style="font-weight: 400;">Automatic Deleveraging Ranking Calculation:</span></p> <p><span style="font-weight: 400;">Ranking = PNL Percentage * Effective Leverage (if profitable)</span></p> <p><span style="font-weight: 400;"> = PNL Percentage / Effective Leverage (if loss)</span></p> <p><span style="font-weight: 400;">where</span></p> <p><span style="font-weight: 400;"> Effective Leverage = abs(Mark Value) / (Mark Value - Bankruptcy Value)</span></p> <p><span style="font-weight: 400;"> PNL percentage = (Mark Value - Avg Entry Value) / abs(Avg Entry Value)</span></p> <p><span style="font-weight: 400;"> Mark Value = Position Value at Mark Price</span></p> <p><span style="font-weight: 400;"> Bankruptcy Value = Position Value at Bankruptcy Price</span></p> <p><span style="font-weight: 400;"> Avg Entry Value = Position Value at Average Entry Price</span></p> <p> </p> <p><span style="font-weight: 400;">The system will sort these positions from highest to lowest.</span></p> <p><audio style="display: none;" controls="controls"></audio></p>
<div><div style="white-space:normal"><strong style="font-weight:bolder">Dear MEXCers,</strong></div><div style="white-space:normal"><br /></div><div style="white-space:normal">Conducting a withdrawal involves a risky endeavor of asset transfer. Before making a withdrawal, please read this risk warning notice carefully and be aware of the various risk factors associated with this service. Fully understand the potential risks of making a withdrawal, thoroughly consider your own risk awareness, risk identification ability, and risk tolerance, and make a cautious decision whether to proceed with the withdrawal service.</div><div style="white-space:normal"><br /></div><div style="white-space:normal">Upon confirming this service notice, it will be deemed that you have thoroughly read and understood the entire content of this risk warning notice, and voluntarily opted for MEXC's withdrawal service. It will also be deemed that you possess sufficient understanding of your own risk awareness, risk identification ability, and risk tolerance regarding withdrawals, and voluntarily undertake the risks and legal responsibilities that may arise from conducting withdrawals.</div><div style="white-space:normal"><br /></div><div style="white-space:normal">MEXC hereby provides the following risk warning notice and statement:</div><div style="white-space:normal"><br /></div><div style="white-space:normal">1. Change of asset ownership: Once withdrawn to another address, the assets will be subject to the control of the individual or platform associated with the withdrawal address;</div><div style="white-space:normal">2. Platform's inability to recover withdrawn assets: Once the withdrawal is completed, the platform will be unable to assist you in recovering the withdrawn assets;</div><div style="white-space:normal">3. Asset loss as a result of withdrawal to suspicious addresses or platforms: If you are enticed to withdraw to suspicious platforms operating Ponzi/pyramid schemes, there is a high likelihood that you will be unable to withdraw your assets from such platforms;</div><div style="white-space:normal">4. Falling victim to fraudulent withdrawals: If you are enticed by promises of high returns through activities such as arbitrage and airdrops, and you withdraw your assets to gambling websites, scam platforms, or similar schemes, there is a high likelihood that you will lose your withdrawn assets;</div><div style="white-space:normal">5. Non-repayment of loans: If you lend your assets to another individual and withdraw them to the borrower's address, but the other party subsequently refuses to repay the loan, the platform will be unable to assist you in recovering the withdrawn assets;</div><div style="white-space:normal">6. Involvement in money laundering risks: If you are entrusted or coerced into assisting others in purchasing cryptocurrencies and subsequently withdrawing them, which may involve engaging in money laundering behavior, you could be considered an accomplice and will be personally responsible for the corresponding legal consequences;</div><div style="white-space:normal">7. Withdrawals to incorrect addresses: If you mistakenly withdraw your assets to an incorrect address due to personal filling errors, the platform will be unable to assist you in recovering the withdrawn assets;</div><div style="white-space:normal">8. Risks associated with participating in ICOs: ICO crowdfunding involves high-risk investment behavior. Please exercise caution and avoid withdrawing funds directly to the ICO crowdfunding addresses. Doing so will result in the inability to receive the digital assets raised through crowdfunding;</div><div style="white-space:normal">9. Risks due to force majeure: This includes, but is not limited to, unforeseeable events such as war, financial market crises, natural disasters, major political events, hacker attacks, computer virus outbreaks, and any other unpredictable risks that may result in losses from withdrawals. Users are responsible for any losses incurred due to force majeure and unforeseen events;</div><div style="white-space:normal">10. Loss of assets due to user error: User errors include, but are not limited to, losses caused by poor decision-making, improper operations, forgotten or disclosed passwords, password cracking, third-party intrusion into the individual's computer systems, malicious or improper operations by others when acting as agents for transactions.</div><div style="white-space:normal"><br /></div><div style="white-space:normal"><strong style="font-weight:bolder">Special Reminder: This risk warning notice does not cover all the risks associated with withdrawals. Before withdrawing funds on MEXC, users should fully understand the relevant policies and regulations, carefully read the platform's relevant service agreements, and carefully consider their own risk tolerance based on their individual circumstances.</strong></div><div style="white-space:normal"> </div><div style="white-space:normal"><strong style="font-weight:bolder">You acknowledge and guarantee that you have carefully read this risk warning notice, fully understand all the risks mentioned above, and voluntarily accept the responsibility for any losses incurred as a result.</strong></div></div><p> </p>
<p><strong>1. Why can't I enter the buy/sell amount?</strong></p> <p>Please make sure that you have a sufficient amount in your account. If the amount is insufficient, you cannot enjoy the transaction.</p> <p> </p> <p><strong>2. I only bought USDT, why can't I trade?</strong></p> <p>The USDT you purchase in fiat trading will be put into your fiat account, you need to transfer them to your spot account before you trade.</p> <p> </p> <p><strong>3. Where can I see my transaction records?</strong></p> <p>Your transaction record can be seen in your "Orders"-"Currency Order"-"Historical Orders".</p> <p> </p> <p><strong>4. Why can't I see all my transaction records?</strong></p> <p>At present, you can only see your transaction records for nearly a month in your account. If you need to inquire more transaction records, please submit an application through online customer service, and we will send it to your registered mailbox in about 3 working days.</p> <p> </p> <p><strong>5. Why is my transaction record different from my order record?</strong></p> <p>The transaction is usually divided into multiple partial transactions, please check the total amount, it should be the same as the amount you placed.</p> <p> </p> <p><strong>6. Is there a market order method for currency trading?</strong></p> <p>At present, we do not have a market-based pending order for currency trading, and all require you to manually enter the price and quantity for pending orders.</p> <p> </p> <p><strong>7. What is the innovation zone?</strong></p> <p>Tokens in the innovation zone often belong to a category with relatively large price fluctuations. Compared with the mainboard market, the products in the innovation zone are also more risky and require a careful operation. It is worth mentioning that the tokens in the innovation zone are limited in time and not inconvenient. If the tokens in the innovation zone return to normal fluctuations, it is possible to move to the mainboard for trading at a later stage after the volume rebounds. Announcement notice. </p> <p> </p> <p><strong>8. How should I add my frequently used trading pairs?</strong></p> <p>You can search for the token you want in the search bar on the right, and click the "☆" next to add a favorite.</p> <p> </p> <p><strong>11. How should I read the introduction of this project?</strong></p> <p>On the web page, you can click on the transaction pair on the left side of the page to check the "XXX data" below, and on the mobile terminal, you can click on the transaction pair and view the introduction in the "currency details" in the drop-down page.</p> <p> </p> <p><strong>12. Why are the percentage in the daily line rising and the decline in the Kline showing?</strong></p> <p>Because the percentage change in the daily line is calculated at 0 points, and the Kline in the daily line is updated at 8 points.</p> <p> </p> <p><strong>13. Can't the app's trading interface set the parameters of technical indicators?</strong></p> <p>The parameter setting of the technical indicators on the App side is under development, so stay tuned.</p> <p> </p> <p><strong>14. How should the moving average be selected on the web?</strong></p> <p>You can click "⚙" in the market trading interface and the "Indicator" button next to it to make a selection.</p> <p><strong>15. How to set the night mode on the mobile App interface?</strong></p> <p>You can click on the avatar in the upper left corner to enter the "My" interface and turn on the night mode next to the "⚙" button.</p> <p> </p> <p><strong>16. Can the exchange set up red and green?</strong></p> <p>The web page can be set to go up and down, click the "⚙" button on the trading interface to set. </p> <p> </p> <p><strong>17. When is the daily trading volume of MEXC calculated?</strong></p> <p>It starts at 16:00 (UTC) every day.</p> <p> </p> <p><strong>18. When did the MEXC increase or decrease start to be calculated?</strong></p> <p>It starts at 16:00 (UTC) every day.</p> <p> </p> <p><strong>19. When did the daily K-line chart of MEXC start to update?</strong></p> <p>Updated every day at 00:00 (UTC). </p> <p> </p> <p><strong>Please feel free to contact live customer service:</strong></p>