Comparative advantages vis-a-vis Futures and other Contracts

Mechanism

KKcoin Perpetual Contract

OKEX Futures

BitMEX Perpetual Contract

Leverage

Yes

★★★

Yes

★★★

Yes

★★★

Long/Short

Yes

★★★

Yes

★★★

Yes

★★★

Transaction Fee

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%+)

★

Settlement

No

(No Forced settlement time, users choose close time at will)

★★★

Weekly/Quarterly

(Forced settlement time, not flexible)

★

No

(No Forced settlement time, users choose close time at will)

★★★

Withdraw

No restriction

(Can withdraw profit right after close position)                                      

★★★

Weekly/Quarterly
(Profit can only be withdraw after settlement time)

★

No restriction

(Can withdraw profit right after close position)                                             

★★★

Position Limit

50%
(Improve account risk taking ability)

★★★

No
(Weak account risk taking ability)

★

No

(Weak account risk taking ability)

★

Price Limit

Spot index price*(1±2%)
(Prevent malicious price control)

★★★

Spot index price*(1±25%)  

(Vulnerable to malicious price control)

★★

No

(Vulnerable to malicious price control)

★

Forced Liquidation trigger

50%
(Limit account loss, remaining balance used to comeback)

★★★

0%
(Loss all funds)

★

50%
(Limit account loss, remaining balance used to comeback)

★★★

Account bust mechanism

No

(Multiple risk control approaches to prevent account busted)

★★★

Yes

(Profitable users pay for the loss of busted accounts)

★

No

(Forced stop trading when account busted, affect user’s profit)

★★

Difficulty to trade

Easy

★★★

Normal

★★

Hard

★