MXC will officially launch 1INCHUSDT perpetual contract and 1INCH3L/3S leveraged ETFs at 19:00 (UTC+8) on December 25, 2020. The detailed are as follows:
1. 1INCH Perpetual Contract Will be Launched
MXC will launch 1INCHUSDT perpetual contract at 19:00 (UTC+8),December 25. It will be available both on MXC APP and website. The specifics are blow:
MXC perpetual contracts not only supports top market cap coins, but also DeFi projects and PolkaProjects, like UNI, SUSHI, DOT, YFI, YFII, HNT, FLM, XLM, ZIL, KSM, DOGE, IOTA, LRC, CVC, CTK, etc. Going forward, more perpetual contracts will be launched, please stay tuned.
Perpetual Contract tutorial：
MXC will launch 1INCH3L and 1INCH3Sleveraged ETFs at 19:00 (UTC+8), December 25. The details are as follows:
1INCH3L - 3x leverage long for 1INCH
1INCH3S - 3x leverage short for 1INCH
The daily management fee rate for 1INCH3L and 1INCH3S is 0.3% for each leverage, which will only be charged at 00:00 (UTC+8) each day. If you do not have position at the timepoint, no management fee will be charged.
Leveraged ETFs tutorial:
Trading 1INCHUSDT Perpetual Contract to Win Contract Bonus
Wash trading and any cheating conducts are prohibited. Otherwise, MXC has the right to deprive the prize, even freeze the account.
3. MXC reserves the final right to interpret the activity at our sole discretion.
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The bonus can only be used for contract transactions, and the earning part can be withdrawn; the bonus itself cannot be withdrawn.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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Enjoying your trade on MXC.
The MXC team
November 25, 2020