Account Introduction

After registration of BEX500 account, you can select BTC or USDT as your settlement currency. Once chosen, the settlement currency can not be changed. If you need to change your settlement currency, you may register a new account.

No matter which account type you select, you may deposit BTC or USDT, which will be automatically transferred to your settlement currency based on the current exchange rate. Notice, All the profit/loss, withdrawal will be settled by the settlement currency you selected at beginning.

Account Introduction BTC USDT
Deposit Currency BTC、USDT BTC、USDT
Withdrawal Currency BTC、USDT BTC、USDT
Exchange Rate between Different Cryptocurrency current exchange rate current exchange rate
Deposit fees Free of charge Free of charge

Bex500 does not charge withdrawal fees, the withdrawal cost depends on the current blockchain transaction volume and speed.

Contract

Bex500 provides following trading products with attractive trading conditions and competitive trading fee.

  • Perpetual Contract
  • Forex
  • Commodity
  • Double Contract

Trade BTC, ETH, LTC, XRP with up to 100x leverage and low fee.

Fee

In Bex500, there are 2 types of fees: “Transaction Fee”, which is the cost for each trading; and “Funding Fee”, which is the cost for using leverage. You can expand your contract value with using leverage overnight, which costs depend on the liquidity of the order. If the position has been opened and closed the same day (or within 8 hs), no funding fee will occur. a negative amount of Funding Fee means users need to pay funding for that funding Interval; a positive one means the opposite.

Types Fee Long Position Interest Short Position Interest
BTCUSDT 0.05% -0.0300% (per  8h) -0.0300% (per  8h)
ETHUSDT 0.05% -0.0300% (per  8h) -0.0300% (per  8h)
LTCUSDT 0.05% -0.0300% (per  8h) -0.0300% (per  8h)
XRPUSDT 0.05% -0.0300% (per  8h) -0.0300% (per  8h)

Risk Limit

Exposure limit is that the maximum position volume users can get from Bex500. Generally, Users can not open a position over this limit. The number of exposure limit is determined by Bex500 risk management department based on the liquidity, market volatility and other market conditions.

Types Minimum Amount of Position (Unit) Minimum Step (Unit) Single Maximum Amount of Position (Unit) Maximum Exposure Limit (Unit)
BTCUSDT 0.1 0.1 100 100
ETHUSDT 1 1 1000 1000
LTCUSDT 10 10 10000 10000
XRPUSDT 1000 1000 1000000 1000000

Bex500 forex provides 100x leverage (Max 200x leverage), zero commission, up to 18 types of trading pairs, including mainstream trading pairs, such as USD/JPY, EUR/USD.

Fee

In Bex500, there are 2 types of fees: “Transaction Fee”, which is the cost for each trading; and “Funding Fee”, which is the cost for using leverage. You can expand your contract value with using leverage overnight, which costs depend on the liquidity of the order. If the position has been opened and closed the same day (or within 8 hs), no funding fee will occur. a negative amount of Funding Fee means users need to pay funding for that funding Interval; a positive one means the opposite.

Types Fee Long Position Interest Short Position Interest
EURUSD 0 -0.0127% (per  24h) 0.0029% (per  24h)
USDJPY 0 0.0021% (per  24h) -0.0119% (per  24h)
USDCHF 0 0.0039% (per  24h) -0.0139% (per  24h)
AUDUSD 0 -0.0078% (per  24h) -0.0021% (per  24h)
GBPUSD 0 -0.0096% (per  24h) -0.0003% (per  24h)
USDCAD 0 -0.0025% (per  24h) -0.0072% (per  24h)
GBPJPY 0 -0.0026% (per  24h) -0.0073% (per  24h)
AUDCAD 0 -0.0053% (per  24h) -0.0044% (per  24h)
GBPCHF 0 -0.0070% (per  24h) -0.0091% (per  24h)
GBPCAD 0 -0.0072% (per  24h) -0.0027% (per  24h)
GBPAUD 0 -0.0063% (per  24h) -0.0031% (per  24h)
EURJPY 0 -0.0057% (per  24h) -0.0042% (per  24h)
EURGBP 0 -0.0081% (per  24h) -0.0018% (per  24h)
EURCHF 0 -0.0039% (per  24h) -0.0058% (per  24h)
EURCAD 0 -0.0103% (per  24h) 0.0005% (per  24h)
EURAUD 0 -0.0100% (per  24h) 0.0001% (per  24h)
AUDJPY 0 -0.0007% (per  24h) -0.0092% (per  24h)
AUDCHF 0 0.0011% (per  24h) -0.0111% (per  24h)

Risk Limit

Exposure limit is that the maximum position volume users can get from Bex500. Generally, Users can not open a position over this limit. The number of exposure limit is determined by Bex500 risk management department based on the liquidity, market volatility and other market conditions.

Types Minimum Amount of Position (Unit) Minimum Step (Unit) Single Maximum Amount of Position (Unit) Maximum Exposure Limit (Unit) Contract value (Lot)
EURUSD 0.01 0.01 20 100 100000EUR
USDJPY 0.01 0.01 20 100 100000USD
USDCHF 0.01 0.01 20 100 100000USD
AUDUSD 0.01 0.01 20 100 100000AUD
GBPUSD 0.01 0.01 20 100 100000GBP
USDCAD 0.01 0.01 20 100 100000USD
GBPJPY 0.01 0.01 20 100 100000GBP
AUDCAD 0.01 0.01 20 100 100000AUD
GBPCHF 0.01 0.01 20 100 100000GBP
GBPCAD 0.01 0.01 20 100 100000GBP
GBPAUD 0.01 0.01 20 100 100000GBP
EURJPY 0.01 0.01 20 100 100000EUR
EURGBP 0.01 0.01 20 100 100000EUR
EURCHF 0.01 0.01 20 100 100000EUR
EURCAD 0.01 0.01 20 100 100000EUR
EURAUD 0.01 0.01 20 100 100000EUR
AUDJPY 0.01 0.01 20 100 100000AUD
AUDCHF 0.01 0.01 20 100 100000AUD

Trade WTI Crude Oil, Silver Futures, Gold Futures with 100x leverage.

Fee

In Bex500, there are 2 types of fees: “Transaction Fee”, which is the cost for each trading; and “Funding Fee”, which is the cost for using leverage. You can expand your contract value with using leverage overnight, which costs depend on the liquidity of the order. If the position has been opened and closed the same day (or within 8 hs), no funding fee will occur. a negative amount of Funding Fee means users need to pay funding for that funding Interval; a positive one means the opposite.

Types Fee Long Position Interest Short Position Interest
XAUUSD 0 -0.0110% (per  24h) 0.0023% (per  24h)
XAGUSD 0 -0.0110% (per  24h) 0.0023% (per  24h)
WTI 0 -0.0110% (per  24h) 0.0023% (per  24h)
BRN 0 -0.0110% (per  24h) 0.0023% (per  24h)

Risk Limit

Exposure limit is that the maximum position volume users can get from Bex500. Generally, Users can not open a position over this limit. The number of exposure limit is determined by Bex500 risk management department based on the liquidity, market volatility and other market conditions.

Types Minimum Amount of Position (Unit) Minimum Step (Unit) Single Maximum Amount of Position (Unit) Maximum Exposure Limit (Unit) Contract value (Lot)
XAUUSD 0.01 0.01 20 100 100ounce
XAGUSD 0.01 0.01 20 100 5000ounce
WTI 0.01 0.01 20 100 1000 barrel
BRN 0.01 0.01 20 100 1000 barrel

Bex500 Double Contract, with leverage up to 200x, trade BTC, ETH, LTC, XRP with low fixed fees,

Fee

In Bex500, there are 2 types of fees: “Transaction Fee”, which is the cost for each trading; and “Funding Fee”, which is the cost for using leverage. You can expand your contract value with using leverage overnight, which costs depend on the liquidity of the order. If the position has been opened and closed the same day (or within 8 hs), no funding fee will occur. a negative amount of Funding Fee means users need to pay funding for that funding Interval; a positive one means the opposite.

Types Fee Long Position Interest Short Position Interest
BTCDB 10USDT 0.0000% (per  8h) 0.0000% (per  8h)
ETHDB 0.6USDT 0.0000% (per  8h) 0.0000% (per  8h)
LTCDB 0.2USDT 0.0000% (per  8h) 0.0000% (per  8h)
XRPDB 0.002USDT 0.0000% (per  8h) 0.0000% (per  8h)

Risk Limit

Exposure limit is that the maximum position volume users can get from Bex500. Generally, Users can not open a position over this limit. The number of exposure limit is determined by Bex500 risk management department based on the liquidity, market volatility and other market conditions.

Types Minimum Amount of Position (Unit) Minimum Step (Unit) Single Maximum Amount of Position (Unit) Maximum Exposure Limit (Unit)
BTCDB 0.01 0.01 50 50
ETHDB 1 1 500 500
LTCDB 10 10 5000 5000
XRPDB 1000 1000 500000 500000

Cross Margin

In derivative market, margin is the capital needed to open a position. "Initial Margin" and "Maintenance Margin" are the minimum amount required to open and maintain the position respectively. Cross Margin, also known as "Spread Margin", is the mechanism employed by BEX500.

Under “Cross Margin”, all balances in open positions can be used to avoid the liquidation. When needed, excess margin or profits can be used to satisfy margin maintenance requirements.

Forced Liquidation

When the account value is lower than the required maintenance margin, forced liquidation could happen.

Double contract is not included in Forced liquidation rules.

1.When the maintenance margin is lower than 0.5%*Initial Position Value, to avoid larger loss form the positions, your positions will be liquidated.

2.The account value of Double Contract is excluded from Initial Position Value.

3. Maintenance Margin=Account Value - Margin in Double Contract.

Auto Deleveraging System

In derivative market, margin is the capital needed to open a position. "Initial Margin" and "Maintenance Margin" are the minimum amount required to open and maintain the position respectively. Cross Margin, also known as "Spread Margin", is the mechanism employed by BEX500. all balances in open positions can be used to avoid the liquidation. When needed, excess margin or profits can be used to satisfy margin maintenance requirements.

Cross Margin

Auto Deleveraging (ADL) system introduction

In the event of liquidation, their positions are controlled by Bex500 liquidation system. when the positions cannot be liquidated in the market, ADL system will automatically deleverage an opposing position from a trader that is selected. The auto deleveraging ranking is calculated based on profits and used leverage.

The ADL execute the force liquidation based on the price of the liquidated order.

ADL Ranking System

Your priority in the ADL system is indicated by the lights all along. Each light represents the a 20% increment of priority.

When all 5 lights are lit, it means your position is in the top percentile of ADL queue, if the position cannot be liquidated in market, forced deleverage could entail.

In case of Auto Deleverage, the unsettled order will be canceled, you may re-open the order again.

ADL Ranking Calculation

The auto deleveraging system ranking is the order based on profit ratio and used leverage. Positions with higher profits and leverages can be deleveraged.

ADL Ranking Calculation:

ADL Ranking= P&L percentage x Initial Leverage (If profit)

= P&L percentage / Initial Leverage (If loss)

Among:

Initial Leverage = Open position value / net worth while open position

P&L percentage = (Current net worth- Open position value) / Open position value

ADL system will rank by long and short position market respectively.

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Technical support: [email protected]

Risk Warning The Financial Products offered by the company include Contracts for Difference ('CFDs') and other complex financial products. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because it is possible to lose all of your invested capital. You should never invest money that you cannot afford to lose. Before trading in the complex financial products offered, please ensure to understand the risks involved.

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