1. What is an Event Contract?
An event contract is a derivative product that allows traders to predict the outcome of specific future events. Unlike traditional perpetual contracts, it does not require complex margin management and maintenance, instead providing a simple "call" or "put" option. If your prediction is correct, you will receive a fixed profit; if incorrect, you will lose only the principal amount paid for the contract.
2. Key Advantages
Limited and transparent risk: Your maximum potential loss is limited to the amount paid for the contract, with no risk of liquidation or margin calls.
Fixed profit: When placing an order, the platform will clearly show the reward amount (potential profit) you will receive if your prediction is correct.
Simple operation: You only need to predict whether the price of BTC or ETH will be "up" or "down" at the contract's expiration time, without considering leverage or setting stop-losses.
Flexible expiration: Various expiration times are available, from super-short 10-minute, 30-minute, to 1-hour or longer cycles, to accommodate different trading strategies.
3. Trading Guide
Step 1: Log in to Mini. On the homepage, click on "Trade," and then select "Event Contract" in the top left corner.
Step 2: Choose BTC or ETH and the expiration time.
Select the asset you want to trade (e.g., BTCUSDT). Then, from the menu below, choose your desired contract expiration time (e.g., 10 minutes, 30 minutes, 1 hour, etc.).
Step 3: Enter the amount and view the potential return.
Enter the amount you wish to invest, and click either "Call" or "Put." The system will calculate in real-time the "bonus" (profit) you will receive if your prediction is correct. If your prediction is wrong, the invested amount will be your loss. Select [Call]: If you believe the price will be higher than the entry price at expiration, select [Put]: If you believe the price will be lower than the entry price at expiration.
Step 4: Confirm and hold the position.
Click [Confirm] to submit your order. Once the trade is successful, you can view the order details in [Current Positions] and wait for the contract expiration.
Step 5: Expiration settlement.
After the contract expires, the system will automatically settle based on the actual price. If your prediction is correct, the profit will automatically be credited to your account. If your prediction is wrong, you will lose the principal. You can view the results in [Closed Positions] or [Order History].
Risk Warning
Although event contracts have limited risk, they are still high-risk financial trading tools and may have speculative characteristics. If your prediction is incorrect, you will lose the entire amount invested in the contract.