BTCC perpetual contract is similar to futures. What makes them difference are the delivery days and settlement period.

Each contract represents 1 unit of the cryptocurrency. (for example, each BTC/USDT contract represents 1 BTC). Investors can Buy long or Sell short to profit from the rising or falling in price. The perpetual contracts at BTCC offer 10x/20x/50x/100x.”

Expiration time: There is no expiration date for perpetual contract. Investors can decide when to close position.

Index price: In order to ensure fairness in trading, BTCC uses the spot prices of many mainstream exchanges to generate real-time BTCC index price. Users can trade near the index price, and BTCC ensures that the transaction price is close to the global market without deviation;

Real-time settlement of Contract Trading: As long as user has closed all its positions, the unrealized profit and loss can be converted to realized profit and loss in real time, which offer a significant flexibility in capital use:

Forced Liquidation: When the net value is lower than the liquidation price, the order will be closed by system.

Features of BTCC Perpetual Contract:

√ Support BTC, ETH, LTC, BCH, EOS, XLM, DASH, XRP, ADA

√ Provide 10x, 20x, 50x, 100x leverage

√ Perpetual contract has no expiration time