What Are Event Contracts and How to Use It

1. What Are Event Contracts?

AEGET Event Contracts allow traders to predict specific outcomes of upcoming crypto prices. Each contract represents a "yes" or "no" outlook on an event outcome with a payout if correct and a limited loss of the Premium paid if incorrect.

Currently, you can trade Event Contracts on call and put contracts on AEGET. The range of symbols available may be adjusted from time to time, taking into account trader interest and regulatory requirements.

2. How to use Event Contracts?

Step 1: Select an underlying asset

Log in to your AEGET account and go to [Events]. Choose the asset you want to trade.

Step 2: Set the expiration time

Select when you want the contract to expire, including:

10 minutes; 30 minutes; 1 hour; 4 hour; and 1 day.

Step 3: Enter the trade amount

Enter the amount you wish to trade (the minimum order amount is 10 USDT).

After that you’ll see the payout amount in USDT, which represents the potential payout for the Event Contract.

The Premium you need to pay to enter the Event Contract will be equal to the trade amount, which is the amount at risk.

Step 4: Choose the direction

Decide whether you expect the price to go higher or lower at expiration:

• Choose [Higher] if you believe the Price Index will be higher at expiration; or
• Choose [Lower] if you believe the Price Index will be lower at expiration.

Step 5: Review and confirm the trade

Review the trade details and click [Confirm] to submit your trade.

Step 6: Wait for expiration

After successfully submitted, wait for the contract to reach its expiration time. You can monitor the candlestick chart for real-time updates.

Step 7: Review closed trades (post expiration)

After the trade expires, go to [Closed Trades] to review the outcome:

Open Price: The Index Price when the trade was opened.

Close Price: The Index Price at expiration.

Payout ratio and PnL: Your trade results.

Trade Times: Track when the trade was opened and closed.