1. Echobit Perpetual Contracts
Echobit offers diverse cryptocurrency trading options to provide users with flexible choices.Perpetual contracts are virtual contracts without expiration dates, similar to spot trading but with leverage. Users can go long (buy) or short (sell) to profit from market movements. A funding rate mechanism keeps contract prices aligned with the spot market, with a maximum leverage of 125x.
2. Key Features
- Leverage Trading: Supports up to 125x leverage, allowing users to choose levels based on their risk appetite.
- Funding Rate Mechanism: Ensures price consistency with the spot market by balancing contract and spot prices.
- Flexible Margin System: Includes tools like initial margin, maintenance margin, and margin calls to help users manage risks during market fluctuations.
- Comprehensive Tools and Strategies: Offers advanced features like stop-loss and take-profit to protect gains and limit losses during volatility.
3. Risk Warning
Contract trading carries high risks, especially with leverage. Users should fully understand market risks and invest within their risk tolerance.
Echobit Team
