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After registering a BEX500 account, you can select BTC or USDT as your settlement currency. Once chosen, the settlement currency cannot 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. Note that all the profits, losses and withdrawals will be settled by the settlement currency you selected when registering the account.
| Account Introduction | BTC | USDT |
| Deposit Currency | BTC、USDT | BTC、USDT |
| Withdrawal Currency | BTC、USDT | BTC、USDT |
| Exchange Rate between Different Cryptocurrencies | 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 the following trading products with attractive trading conditions and competitive trading fees.
- Perpetual Contract
- Forex
- Commodity
- Double Contract
Trade BTC, ETH, LTC, XRP with up to 100x leverage and low 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 |
|---|---|---|---|
| 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） |
| BCHUSDT | 0.05% | -0.0300% （per 8h） | -0.0300% （per 8h） |
| EOSUSDT | 0.05% | -0.0300% （per 8h） | -0.0300% （per 8h） |
Risk Limit
Exposure limit is the maximum position volume users can get from Bex500. Generally, users cannot open a position over this limit. The exposure limit is determined by Bex500 risk management based on the liquidity, 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 |
| BCHUSDT | 1 | 1 | 100 | 100 |
| EOSUSDT | 100 | 100 | 10000 | 10000 |
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） |
| GBPAUD | 0 | -0.0063% （per 24h） | -0.0031% （per 24h） |
| AUDCHF | 0 | 0.0011% （per 24h） | -0.0111% （per 24h） |
| AUDJPY | 0 | -0.0007% （per 24h） | -0.0092% （per 24h） |
| GBPJPY | 0 | -0.0026% （per 24h） | -0.0073% （per 24h） |
| EURAUD | 0 | -0.0100% （per 24h） | 0.0001% （per 24h） |
| EURCAD | 0 | -0.0103% （per 24h） | 0.0005% （per 24h） |
| EURCHF | 0 | -0.0039% （per 24h） | -0.0058% （per 24h） |
| EURGBP | 0 | -0.0081% （per 24h） | -0.0018% （per 24h） |
| EURJPY | 0 | -0.0057% （per 24h） | -0.0042% （per 24h） |
| AUDCAD | 0 | -0.0053% （per 24h） | -0.0044% （per 24h） |
| GBPCAD | 0 | -0.0072% （per 24h） | -0.0027% （per 24h） |
| GBPCHF | 0 | -0.0070% （per 24h） | -0.0091% （per 24h） |
Risk Limit
Exposure limit is the maximum position volume users can get from Bex500. Generally, users cannot open a position over this limit. The exposure limit is determined by Bex500 risk management based on the liquidity, 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 |
| GBPAUD | 0.01 | 0.01 | 20 | 100 | 100000GBP |
| AUDCHF | 0.01 | 0.01 | 20 | 100 | 100000AUD |
| AUDJPY | 0.01 | 0.01 | 20 | 100 | 100000AUD |
| GBPJPY | 0.01 | 0.01 | 20 | 100 | 100000GBP |
| EURAUD | 0.01 | 0.01 | 20 | 100 | 100000EUR |
| EURCAD | 0.01 | 0.01 | 20 | 100 | 100000EUR |
| EURCHF | 0.01 | 0.01 | 20 | 100 | 100000EUR |
| EURGBP | 0.01 | 0.01 | 20 | 100 | 100000EUR |
| EURJPY | 0.01 | 0.01 | 20 | 100 | 100000EUR |
| AUDCAD | 0.01 | 0.01 | 20 | 100 | 100000AUD |
| GBPCAD | 0.01 | 0.01 | 20 | 100 | 100000GBP |
| GBPCHF | 0.01 | 0.01 | 20 | 100 | 100000GBP |
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 the maximum position volume users can get from Bex500. Generally, users cannot open a position over this limit. The exposure limit is determined by Bex500 risk management based on the liquidity, 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 | 30USDT | 0.0000% （per 8h） | 0.0000% （per 8h） |
| ETHDB | 1.8USDT | 0.0000% （per 8h） | 0.0000% （per 8h） |
| LTCDB | 0.6USDT | 0.0000% （per 8h） | 0.0000% （per 8h） |
| XRPDB | 0.006USDT | 0.0000% （per 8h） | 0.0000% （per 8h） |
Risk Limit
Exposure limit is the maximum position volume users can get from Bex500. Generally, users cannot open a position over this limit. The exposure limit is determined by Bex500 risk management based on the liquidity, 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 contracts are 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 a Double Contract is excluded from the Initial Position Value.
3. Maintenance Margin=Account Value - Margin in Double Contract.
Auto Deleveraging System
In derivative markets, margin is the capital needed to open a position. "Initial Margin" and "Maintenance Margin" are the minimum amount required to open and maintain a 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 liquidations. When needed, excess margin or profits can be used to satisfy margin maintenance requirements.
Auto Deleveraging (ADL) system introduction
In the event of liquidation, positions are controlled by Bex500's 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 force liquidates based on the price of the liquidated order.
ADL Ranking System
Your priority in the ADL system is indicated by the lights below. 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 the market, forced deleveraging could occur.
In case of Auto Deleveraging, the unsettled order will be canceled, and you may re-open the order again.
ADL Ranking Calculation
The auto deleveraging system ranking is 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 open position
P&L percentage = (Current net worth- Open position value) / Open position value
The ADL system will rank by long and short market positions respectively.
- Contact us
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Technical support: [email protected]
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