1. What is an Event Contract?
Event Contracts allow traders to predict specific outcomes of future cryptocurrency prices. Each contract represents a prediction on whether a certain event will result in the price going “up” or “down.” If the trader’s prediction is correct, they receive a payout. If incorrect, they lose only the small upfront contract fee.
2. How much does it cost to trade an Event Contract?
The minimum contract fee is 10 USDT per trade. Traders only pay the contract fee upfront — there are no additional fees or margin requirements, making it a low-cost entry option.
3. What types of event trades can I choose?
AEGET currently supports both bullish and bearish event contracts for:
- BTCUSDT
- ETHUSDT
Available trading pairs may be adjusted from time to time based on user interest and regulatory requirements.
4. How do payouts work?
If your event contract prediction is accurate, you’ll receive a payout. The payout amount is a fixed value determined at the time the order is placed.
If your prediction is incorrect, the contract expires with no payout. The contract fee paid is considered your loss and counts toward the daily loss limit (see below).
If the result ends exactly at the strike price (i.e., no movement), you'll receive a payout equal to the amount of the contract fee paid.
Payouts are based on the contract fee amount and the payout ratio applicable at the time of order placement.
5. How is the payout ratio calculated?
The payout ratio is internally calculated based on asset volatility and market risk at any given time. This ratio may fluctuate but is fixed at the time of order placement for that specific trade.
6. Are there limits on how much I can trade?
Yes. To ensure a secure and responsible trading environment, Event Contracts have certain trading limits.
Daily Loss Limit: Each trader has a maximum daily loss cap of 20,000 USDT. This includes potential losses from open (unsettled) orders. This cap is automatically enforced — you cannot place a trade that would exceed your daily loss limit.
For this purpose, all contract fees paid for open positions are considered potential losses.
7. What are the benefits of trading Event Contracts over traditional options or futures?
Event Contracts offer a clear and simplified way to express a view on specific outcomes. Unlike options or futures, potential gains and losses are predefined. They are ideal for traders who want to participate in event-driven price movements without the complexity or margin requirements of traditional derivatives.
8. Can I close the contract before it expires?
No. Event Contracts cannot be closed early. Once submitted, the trade remains open until expiration.
9. How are contracts settled?
All Event Contracts are settled in USDT.
If your prediction is correct, the USDT payout will be credited directly to your AEGET U-Margin wallet.
If incorrect, the contract expires and the loss equals the contract fee you paid — counted toward your daily loss limit.
10. How do I use Event Contracts?
Event Contracts are available only to users in certain countries or regions. You can trade them directly on AEGET.
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