❓Why is Perpetual Contracts more risky than normal token trading?
👉Perpetual Contracts allow traders use leverage up to 20x while token trading can not use, so perpetual Contracts more risky than normal token trading
❓what is account risk rating?
👉Account risk rating = Account Equity / Used Margin*100%
❓what does the account risk rating tell you?
👉A threshold measuring an account’s ability to withstand risk
❓why higher account risk rating is better?
👉Base on this fomula : Account risk rating = Account Equity / Used Margin*100% . if Account risk rating higher , it mean Used Margin low = > account safety => it better
❓what is price limit in Perpetual Contracts?
👉It is risk control measure provide by KKcoin to prevent malicious price control in order to protect account customers
❓what is the price limit for Perpetual Contracts?
👉In order to protect customers from massive volatility and market manipulation, KKcoin adopts a price limit mechanism as a risk control measure to ensure a fair and open trading environment.
❓ what is position limit of Perpetual Contracts?
👉Position Limit = (Used Margin + Locked Margin) / Account Equity*100%
❓what’s the difference ebtween Locked margin and Used margin?
👉Used margin is amount of margin that used for previous order which was filled
locked margin is that margin in the current order which not fill yet
❓what is difference between maker and taker again?
👉maker place order price higher or lower than current prcie and wait for fill . taker place order price at the current market price and filled immediately"
❓what is the total position limit? for BTC01?
👉1000
❓What does total position limit mean?
👉Total position limit means the TOTAL AMOUNT OF LOTS a trader can hold for each contract.