What is a Perpetual Contract?
A Perpetual Contract is a type of cryptocurrency derivative with no expiry date. It allows users to go long or short with leverage, capturing potential profits from both rising and falling crypto prices.
On McnEx, you can participate in contract trading anytime, flexibly follow market trends and amplify profit opportunities.
Key Features of McnEx Perpetual Contracts
USDT-Margined Contracts
McnEx currently only supports USDT-settled contract trading. It features straightforward operation and simple calculation, ideal for beginners and conservative traders.
Supports a Wide Range of Popular Trading Pairs
Covers mainstream and trending cryptocurrencies, including:
BTC/USDT
ETH/USDT
Flexible High Leverage Options
Leverage up to 100x is available to magnify profit potential.
⚠️ Higher leverage entails greater risk; please trade with caution.
Funding Rate Mechanism
The funding rate is settled every 8 hours, effectively keeping contract prices aligned with the spot market and ensuring stable trading.
Diverse Order Types
Supports market orders, limit orders, conditional orders and other order types to suit various trading strategies and needs.
Risk Disclosure
Contract trading involves high risk and extreme market volatility. Please fully understand the following before trading:
• Risks of leverage and liquidation
• Margin and forced liquidation mechanisms
• Take-profit and stop-loss settings
It is recommended to carefully read the Perpetual Contract Risk Disclosure and Contract Beginner Tutorial before trading.