BCH contract tier adjustment, trading of BCH weekly and bi-weekly futures resumed

Publicado em 17 de nov. de 2020Leitura de 3min

Bitcoin Cash (BCH) completed its hard fork on Nov. 15, and the current BCH market price has stabilized. OKX plans to resume trading of BCHUSD and BCHUSDT weekly and bi-weekly futures contracts at 9:00 am UTC on Nov. 18, and adjust the tiered maintenance margin ratio for BCH futures and perpetual swap contracts.

1. BCHUSD and BCHUSDT weekly and bi-weekly futures contracts will resume trading at 9:00 am UTC on Nov. 18.

2. Adjustments of tiered maintenance margin ratio

(1) Adjusted tiers of BCHUSDT perpetual contract:

Tier

Min. amount (Cont)

Max. amount (Cont)

Maintenance margin ratio

Min. initial margin ratio

Max. leverage

1

0

400

0.80%

1.30%

75.00

2

401

4,000

1.00%

2.00%

50

3

4,001

12,000

1.50%

2.50%

40

4

12,001

20,000

2.00%

3.00%

33.33

5

20,001

28,000

2.50%

3.50%

28.57

6

Increase by 8,000 conts from the previous tier

Increase by 8,000 conts from the previous tier

Increase by 0.5 % from the previous tier

Increase by 0.5 % from the previous tier

Max. leverage of the tier

(2) Adjusted tiers of BCHUSD perpetual contract:

Tier

Min. amount (Cont)

Max. amount (Cont)

Maintenance margin ratio

Min. initial margin ratio

Max. leverage

1

0

1,000

0.80%

1.30%

75.00

2

1,001

10,000

1.00%

2.00%

50

3

10,001

30,000

1.50%

2.50%

40

4

30,001

50,000

2.00%

3.00%

33.33

5

50,001

70,000

2.50%

3.50%

28.57

6

Increase by 20,000 conts from the previous tier

Increase by 20,000 conts from the previous tier

Increase by 0.5 % from the previous tier

Increase by 0.5 % from the previous tier

Max. leverage of the tier

(3) Adjusted tiers of BCHUSDT futures contract:

Tier

Min. amount (Cont)

Max. amount (Cont)

Maintenance margin ratio

Min. initial margin ratio

Max. leverage

1

0

200

0.80%

1.30%

75.00

2

201

1,000

1.00%

2.00%

50

3

1,001

11,000

1.50%

2.50%

40

4

11,001

21,000

2.00%

3.00%

33.33

5

21,001

31,000

2.50%

3.50%

28.57

6

Increase by 10,000 conts from the previous tier

Increase by 10,000 conts from the previous tier

Increase by 0.5 % from the previous tier

Increase by 0.5 % from the previous tier

Max. leverage of the tier

(4) Adjusted tiers of BCHUSD futures contract:

Tier

Min. amount (Cont)

Max. amount (Cont)

Maintenance margin ratio

Min. initial margin ratio

Max. leverage

1

0

1,000

0.80%

1.30%

75.00

2

1,001

10,000

1.00%

2.00%

50

3

10,001

30,000

1.50%

2.50%

40

4

30,001

50,000

2.00%

3.00%

33.33

5

50,001

70,000

2.50%

3.50%

28.57

6

Increase by 20,000 conts from the

Increase by 20,000 conts from the

Increase by 0.5 % from the previous tier

Increase by 0.5 % from the previous tier

Max. leverage of the tier

Users' maintenance margin ratio may change because of the tier adjustment, so please be aware of the associated risks.

Thank you for your continued support.

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