In order to enrich the derivatives of MXC contracts and provide users with a better trading experience, MXC will launch coin-margined perpetual contract at 18:00 on December 24 (UTC+8). Users can first participate in trading through the Website. Also, it will be launched on App later. Welcome to trade!
Coin-margined contracts, also known as reverse contracts, are contracts for settlement of digital assets such as BTC and ETH.
The MXC coin-margined perpetual contract supports free adjustment of 1-100X leverage. BTC and ETH will be launched first and more currencies will be launched in the future, so stay tuned!
Bonus of Trading BTCUSD, ETHUSD Coin-margined Perpetual Contract for the First Time
In order to thank users‘ support for the launch of the MXC coin-margined perpetual contract, from 18:00,Dec.24 to 24:00,Dec.26 (UTC+8), users trade the coin-margined contract and meet the corresponding amount of open positions can receive the corresponding reward:
1. The amount of BTCUSD open positions ≥50 cont or the amount of ETHUSD open positions ≥500 cont, an airdrop of 10USDT in BTC/ETH will be distributed.
2.The top three users with the amount of open positions of ETHUSD and BTCUSD will receive an airdrop of 20USDT in BTC or ETH.
*Activity notice: The amount of BTC and ETH airdrops is converted at the price when the rewards are distributed; The above rewards can be combined; The rewards will be distributed to your contract account within 5 working days after the activity ends, please pay attention to check; All participating accounts must be bound to your mobile phone number; MXC reserves the right to require winners to complete KYC verification; If there are multiple accounts under the same IP address with the suspect of cheating, MXC reserves the right to cancel the reward qualification of all accounts under this IP.
Contract Bonus Instruction
The bonus will be distributed to your contract account. You can log into the official website via https://www.mxc.com/ and check it in "Derivatives" - "Swap Orders" -"Capital Flow".
The bonus can only be used for contract transactions, and the earning part can be withdrawn; the bonus itself cannot be withdrawn.
The bonus can be used as a margin for trading, and can also be used for trading fees, losses, and funding costs.
Any asset transfer out of the contract account will result in the bonus being cleared.
The bonus has a valid period of 30 days. It will be taken back after expiry. Please be cautious of the liquidation risks due to the taken-back of the contract bonus.
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