As we know, BCH hard fork is estimated to be carried out at 20:00 (UTC+8), November 15. To lower the trading risks from market fluctuation in the hard fork period, MXC makes the following schedules for BCHUSDT perpetual contract and BCH3L/3S leveraged ETFs:
1. BCHUSDT Perpetual Contract
MXC will adjust the max. leverage for BCHUSDT perpetual contract to 20x at 18:00 (UTC+8), November 3. (Note: the existing position will not be affected).
The trading will still be available, but please note that MXC may adopt protection measures (including change the source of price index and other possible measures) in case of the extreme market fluctuation or the deviation of source of price index.
2. BCH3L/3S Leveraged ETFs
The trading for BCH3L/3S will still be available. Meanwhile, MXC will keep close eye on the change of the market and may make adjustment accorrding to the market fluctuation (including changing the daily management fee rate) if the hedging platform changes the price index in dealing with BCH hard fork.
Source of Index:
BCHUSDT perpetual contract:
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Enjoying your trade on MXC.
The MXC team
October 3, 2020