Trading rules

TradeBTC Leveraged Trading Rules

TradeBTC leveraged trading is a service that offers leverage effect on the change of cryptocurrency prices. Users can have profits whether cryptocurrency prices rise or fall. Traders wishing to make profits from rising prices may place an up order. Conversely, traders who believe the price will fall may place a down order.

Deposit

You can make deposits in Bitcoin. TradeBTC only accepts Bitcoin deposits. TradeBTC's deposit addresses are unchanged multisignature cold wallet addresses.

Withdrawal

You can make withdrawals only in Bitcoin.

Leverage

We provide up to 100x leverage for four items: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Users can select the amount of leverage they require.

Bi-directional position

You can make withdrawals only in Bitcoin.

Profit

When 50x leverage is applied: If you place the up order and the price goes up by 2%, your profits will be 100% as 50 times leverage is applied. In reverse, if the price drops by 2% after the down order, your profit will be 100%.

Loss

When 50x leverage is applied: If you place the up order and the price drops by 1.8%, your loss will be 90% as 50 times leverage is applied. In reverse, if the price goes up by 1.8% after the down order, your loss will be 90%.

Profit Auto-Sell

When the profit of a position's average price becomes 100%, the corresponding position will be sold at the market price by the automatic selling system. The profit auto-sell function can be turned on or off at the bottom right of the leverage trading section. (Choose between 100%, 200% and 300%)

Loss cut (Loss Auto-Sell)

When the loss of a position's average price becomes 90%, the corresponding position will be sold at the market price by the automatic selling system. When the position's loss cut is executed, your available balance will not be included to maintain your position and the loss is limited within the range of the purchase amount. You can limit your loss because your available balance will not be used at the position.

Change the position's loss cut price

If you make an additional purchase, you can change the position's loss cut price because the average price, which is the basis of the loss limitation, is changed.

Spread

A spread, which is the difference between the buying price and the selling price, occurs when you hold a position. During periods of extreme fluctuations or market volatility, the spread temporarily increases. We offer the lowest spread compared to competitors.

Position Retention Period

You can keep your position for up to 240 hours. Positions that have not been sold before expiration will be sold automatically at the time of expiration at the market price.

TradeBTC Index

The TradeBTC index applies a weight average between the price of Poloniex and of Bitfinex. If either Poloniex or Bitfinex discontinues the service or is unable to provide price data, only the price of one exchange will be applied immediately. Price sources can be changed after prior notice.

Trading Server Maintenance

Regular server maintenance takes place from 11:00 am. to 11:30 a.m. (UTC time) on the 30th of every month. During server maintenance, new orders cannot be sent, but hold positions are retained.