KKcoin Perpetual Contract is easier to understand and more convenient to trade. It has more comprehensive risk rating system and charges lower fee.
|
Mechanism |
KKcoin Perpetual Contract |
OKEX Futures |
BitMEX Perpetual Contract |
|||
|
Leverage |
Yes |
★★★ |
Yes |
★★★ |
Yes |
★★★ |
|
Long/Short |
Yes |
★★★ |
Yes |
★★★ |
Yes |
★★★ |
|
Transaction Fees |
Lowest -0.05% (Makers can earn transaction fees with low qualifying hurdle) |
★★★ |
Lowest -0.01% (Makers can earn transaction fees with high qualifying hurdle) |
★★ |
0.05%+Funding Rate (Annual Fuding rate can be up to 400%+) |
★ |
|
Transaction flexibility |
Users can trade 6 major cryptocurrency with USD,BTC,ETH (cryptocurrency value preserved in bearish market, cryptocurrency value increased in bullish market) |
★★★ |
Settlement currency matches perppetual contracts products (not able to have cryptocurrency value preserved in bearish market) |
★★ |
Only BTC as settlement currency (not able to have cryptocurrency value preserved in bearish market) |
★ |
|
Expiration date |
No (No expiration date, users can liquidate at will) |
★★★ |
Weekly/Quarterly (Forced settlement time, not flexible) |
★ |
No (No expiration date, users can liquidate at will) |
★★★ |
|
Settlement date |
No restriction (Can withdraw profit right after liquidation) |
★★★ |
Weekly/Quarterly (Profit can only be withdraw after settlement time) |
★ |
No restriction (Can withdraw profit right after liquidation) |
★★★ |
|
Position Limit |
50% (Improved account risk taking ability) |
★★★ |
No (Weak account risk taking ability) |
★ |
No (Weak account risk taking ability) |
★ |
|
Price Limit |
Spot index price*(1±5%) (Prevention of price manipulation) |
★★★ |
Spot index price*(1±25%) (Vulnerable to price manipulation) |
★★ |
No (Vulnerable to price manipulation) |
★ |
|
Forced Liquidation trigger |
50% (Reduces losses in adverse scenario) |
★★★ |
0% (100% loss possible) |
★ |
50% (Reduces losses in adverse scenario) |
★★★ |
|
Account bust mechanism |
No (Robust risk controls to prevent account bust) |
★★★ |
Yes (Societal loss mechanism) |
★ |
No (Trading stops when account busted, affecting user’s profit) |
★★ |
|
Complexity of trading mechanism |
Simple |
★★★ |
Average |
★★ |
Complex |
★ |
Contact us
If you have any questions regarding KKcoin Perpetual Contracts, including any operational questions or trading rules, please contact us immediately. We are servicing your requests on a 24hr basis to provide you optimal service!
- Telegram: https://t.me/KKGLOBAL
- Twitter: https://twitter.com/KKCoinEX
- Email: Support@KKCoin.com
Comments
0 comments
Article is closed for comments.