Hotbit Launches Perpetual Contracts on October 26th, 2020

Dear Respected Users,

Hotbit officially has launched "Hotbit Perpetual Contracts" on October 26, 2020 at 06:00 AM UTC. Hotbit’s perpetual contract trading function is known as the new trading function of virtual contract products settled in various cryptocurrency tokens such as BTC launched by Hotbit. Each contract of Hotbit’s perpetual contract trading product represents USD$ 100 worth of BTC. The investors may obtain incomes generated from the rise or fall of the price(s) of cryptocurrency by either purchasing long contract(s) or sell short contract(s). The available leverage ratio is 1~100 times. Before participating in the Hotbit Perpetual Contract, users must read and comply with <The User Policy of Hotbit’s Perpetual Contract Trading Function> .

Click Here to Perpetual Contracts FAQ.

The Contract Products opened in the first phase are as follows:

Note: The trading periods of all token-standard perpetual contracts are 7*24 hours, with all contracts to be settled at 08:00 everyday (UTC). All contracts will be settled in the corresponding token types of the contracts, and the unit of price quote will be the price of 1 unit of the product in corresponding token types.

Rates of Transaction Fees of The Contract