# Futures

In order to appreciate our new and old users support to MEXC ETF products, MEXC will launch a "Weekend Carnival" Event on August 20 at 16:00 UTC to share 20% of the ETF Platform transaction fee for weekend (August 21-August 22), the details of the Event as follows. Activity time: Every Friday 16:00 - Sunday 16:00 Registration Form: https://forms.gle/YGhCuh8gBZUsKudLA Activity rules. 20% of the Weekend ETF transaction fee gain will be distributed as bonus to registered MEXC users. USDT will be given based on user‘s trading volume.   Eligibility （Registered users）：   Trading volume ≥ 1000 USDT（on Saturday - Sunday)KYC level 1 and above    Calculation rules for dividends: Bonus of users received = Last weekend ETF income * 20% *  Weekend ETF trading volume of user / Sum of Weekend ETF trading volume of all users.   ETF transaction fee income at the end of last week: All ETF trading pairs from 16:00 Friday to 16:00 Sunday   Event Notes: 1.Trading amount = buy + sell. 2 Bonus will be distributed before the next event starts. 3.If you have any questions related to the event, please add our assistant telegram: @MEXC_Mint 4.MEXC has the right to require the winning users to complete KYC authentication; if there are multiple accounts under the same IP address, MEXC has the right to disqualify all MEXC accounts under said IP. 5.MEXC reserves the final right to interpret the activity at our sole discretion. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to provide users with a service that is safer, more efficient, and more reliable for the trading of digital assets. The MEXC Team August 19, 2021  

Dear Users: MEXC will launch IOTXUSDT Futures at 04:00 August 12th (UTC). IOTXUSDT will support free adjustment of 1-20x leverage, with either cross or isolated margin mode. It will be available both on the MEXC app and website.    Trade IOTXUSDT perpetual contracts to split 1,000 USDT futures bonus Activity period: 04:00, August 12th - 16:00, August 13th (UTC)   Activity reward: During the activity period, if your accumulated opening positions of IOTXUSDT perpetual contracts are not less than 14,000 cont, you can split 1,000 USDT futures bonus according to the proportion of your accumulated open positions.   Note: 1. The activity only counts the number of opening positions, both long and short are included. 2. The rewards will be distributed within 7 working days after the event ends, please pay attention to check. 3. MEXC reserves the right to disqualify any participants that are involved in wash trading or any behavior that is considered cheating. MEXC has the right to remove the prize from said users, or even freeze the account. 4. MEXC reserves the final right to interpret the activity at our sole discretion.   For Futures Bonus instruction, please refer to: https://support.mexc.com/hc/en-001/articles/360054434472    MEXC perpetual contracts not only supports top market cap coins, but also DeFi projects and PolkaProjects, such as UNI, SUSHI, DOT, YFI, YFII, HNT, FLM etc. Moving forward, more perpetual contracts will be launched, please stay tuned.    Follow us: MEXC Futures: https://t.me/mexcfutures Telegram: https://t.me/MEXCEnglish MEXC trading: https://t.me/MEXCTradeofficial Twitter: https://twitter.com/MEXC_Global https://twitter.com/MEXCDerivatives Facebook: https://www.facebook.com/mexcglobal Discord: https://discord.gg/zu5drS8 Instagram: https://www.instagram.com/mexcglobal/   Enjoy your trading on MEXC. The MEXC team August 12, 2021

Dear Users: MEXC will launch CSPRUSDT Futures at 09:00 August 11 (UTC). CSPRUSDT will support free adjustment of 1-20x leverage, with either cross or isolated margin mode. It will be available both on the MEXC app and website.    Trade CSPRUSDT perpetual contracts to split 1,000 USDT futures bonus Activity period: 09:00, August 11 - 16:00, August 12 (UTC)   Activity reward: During the activity period, if your accumulated opening positions of CSPRUSDT perpetual contracts are not less than 15,000 cont, you can split 1,000 USDT futures bonus according to the proportion of your accumulated open positions.   Note: 1. The activity only counts the number of opening positions, both long and short are included. 2. The rewards will be distributed within 7 working days after the event ends, please pay attention to check. 3. MEXC reserves the right to disqualify any participants that are involved in wash trading or any behavior that is considered cheating. MEXC has the right to remove the prize from said users, or even freeze the account. 4. MEXC reserves the final right to interpret the activity at our sole discretion.   For Futures Bonus instruction, please refer to: https://support.mexc.com/hc/en-001/articles/360054434472    MEXC perpetual contracts not only supports top market cap coins, but also DeFi projects and PolkaProjects, such as UNI, SUSHI, DOT, YFI, YFII, HNT, FLM etc. Moving forward, more perpetual contracts will be launched, please stay tuned.    Follow us: MEXC Futures: https://t.me/mexcfutures Telegram: https://t.me/MEXCEnglish MEXC trading: https://t.me/MEXCTradeofficial Twitter: https://twitter.com/MEXC_Global https://twitter.com/MEXCDerivatives Facebook: https://www.facebook.com/mexcglobal Discord: https://discord.gg/zu5drS8 Instagram: https://www.instagram.com/mexcglobal/   Enjoy your trading on MEXC. The MEXC team August 11, 2021

Dear Users: To celebrate ETH being back at 3000 USDT along with a successful London hard fork, MEXC Futures will launch “ETH Carnival 1, Trade to Split 5000 USDT Futures Bonus”. Thank you for supporting MEXC! Time: 16:00 August 7 – 16:00 August 10 (UTC)   Event Rules and Rewards: [Trading Bonus] Split 4500 USDT Daily Trade ETHUSDT or ETHUSD Futures, and users who trade ≥ 10,000 USDT in either or both combined, can participate in the following:   1st place (Trading volume ≥ 1,000,000): 800 USDT Futures Bonus 2nd place (Trading volume ≥ 800,000): 500 USDT Futures Bonus 3rd place (Trading volume ≥ 500,000): 200 USDT Futures Bonus    4th – 100th place: Split the remaining prize pool in proportion to the total trading volume.    [Sharing Bonus] Split 500 USDT Daily Trade ETHUSDT or ETHUSDT Futures, share your Futures profit poster to the MEXC Telegram groups or our partnered groups, receive 2 USDT Futures Bonus. Note: Users must trade on that day to receive the Futures Bonus.   ETH Carnival 1, registration form: https://forms.gle/Q6VuBUBCwbRVMBNXA For any inquiries, contact staff on Telegram: https://t.me/justinc13   Note: 1. Trading Volume, Open + Close, both long and short are included. 2.Every round of this event consists of a 5000 USDT Prize pool, and the rewards will be given out within 3 working days after the event ends. 3. MEXC reserves the right to disqualify any participants that are involved in wash trading or any behavior that is considered cheating. MEXC has the right to remove the prize from said users, or even freeze the account. 4. Users must complete KYC to claim the rewards of this event. 5. MEXC reserves the final right to interpret the activity at our sole discretion.   Follow us: MEXC Futures: https://t.me/mexcfutures Telegram: https://t.me/MEXCEnglish MEXC trading: https://t.me/MEXCTradeofficial Twitter: https://twitter.com/MEXC_Global https://twitter.com/MEXCDerivatives Facebook: https://www.facebook.com/mexcglobal Discord: https://discord.gg/zu5drS8 Instagram: https://www.instagram.com/mexcglobal/   Invite a friend to enjoy high rebates, click to generate your personalized referral link: https://www.mexc.com/invite   New user exclusive rewards, deposit 100 USDT to receive 10 USDT Futures Bonus, uncapped: https://support.mexc.com/hc/en-001/articles/4404973379482   Enjoy your trading on MEXC. The MEXC team August 7, 2021

Dear Users: MEXC will launch ACHUSDT Futures at 03:00 August 7 (UTC). ACHUSDT will support free adjustment of 1-20x leverage, with either cross or isolated margin mode. It will be available both on the MEXC app and website.    Trade ACHUSDT perpetual contracts to split 1,000 USDT futures bonus Activity period: 03:00, August 7 - 16:00, August 8 (UTC)   Activity reward: During the activity period, if your accumulated opening positions of ACHUSDT perpetual contracts are not less than 10,000 cont, you can split 1,000 USDT futures bonus according to the proportion of your accumulated open positions.   Note: 1. The activity only counts the number of opening positions, both long and short are included. 2. The rewards will be distributed within 7 working days after the event ends, please pay attention to check. 3. MEXC reserves the right to disqualify any participants that are involved in wash trading or any behavior that is considered cheating. MEXC has the right to remove the prize from said users, or even freeze the account. 4. MEXC reserves the final right to interpret the activity at our sole discretion.   For Futures Bonus instruction, please refer to:  https://support.mexc.com/hc/en-001/articles/360054434472    MEXC perpetual contracts not only supports top market cap coins, but also DeFi projects and PolkaProjects, such as UNI, SUSHI, DOT, YFI, YFII, HNT, FLM etc. Moving forward, more perpetual contracts will be launched, please stay tuned.    Follow us: MEXC Futures: https://t.me/mexcfutures Telegram: https://t.me/MEXCEnglish MEXC trading: https://t.me/MEXCTradeofficial Twitter: https://twitter.com/MEXC_Global https://twitter.com/MEXCDerivatives Facebook: https://www.facebook.com/mexcglobal Discord: https://discord.gg/zu5drS8 Instagram: https://www.instagram.com/mexcglobal/   Enjoy your trading on MEXC. The MEXC team August 7, 2021

Dear MEXCers: MEXC will launch BTTUSDT, XEMUSDT perpetual contracts at 11:00, April 7 (UTC+8). BTTUSDT will support 1-20x leverage, while XEMUDST will support free adjustment of 1-50x leverage with either cross or isolated margin mode. It will be available both on the MEXC app and website.    Trade BTTUSDT, XEMUSDT  perpetual contracts to split 1,000 USDT contract bonus Activity period: 11:00, April 7 - 24:00, April 8 (UTC+8) Activity reward: During the activity period, if your accumulated opening positions of BTTUSDT are not less than 200000 cont., and XEMUSDT perpetual contracts not less than 5,000 cont., you can split 1,000 USDT contract bonus according to the proportion of your accumulated open positions.   Note: The activity only counts the number of opening positions, both long and short are included.   The rewards will be distributed within 7 working days after the event ends, please pay attention to check.   MEXC reserves the right to disqualify any participants that are involved in wash trading or any behavior that is considered cheating. MEXC has the right to remove the prize from said users, or even freeze the account.   MEXC reserves the final right to interpret the activity at our sole discretion.   For the Contract Bonus instruction, please refer to: https://support.mexc.com/hc/en-001/articles/360054434472    Perpetual Contract tutorial： https://support.mxc.me/hc/en-001/articles/360044545711    MEXC perpetual contracts not only supports top market cap coins, but also DeFi projects and PolkaProjects, such as UNI、SUSHI、DOT、YFI、YFII、HNT、FLM etc. Moving forward, more perpetual contracts will be launched, please stay tuned.    Find us on:   Medium: https://medium.com/MEXCExchange Telegram: https://t.me/MEXCEnglish  MEXC trading: https://t.me/MEXCtrade   Twitter: https://twitter.com/MEXC_Exchange  https://twitter.com/MEXC_Fans  Facebook: https://www.facebook.com/MEXCexchangeofficial/  Discord: https://discord.gg/zu5drS8     Enjoy your trading on MEXC. The MEXC team April 7, 2021

The ticket claim for "MEXC 15th M-Day - ALPA Token Sale" will be started during 09:00 - 17:00 (UTC+8), November 19. The folllowing are the easy steps to join.      Step 1. Entrance to claim the ticket  Website:  Homepage > Activity > M-Day    MEXC APP       Step 2: How to Gain Eligibility to Claim the Draw Tickets?  Two method:  1. Holding USDT  2. Accumulating trading volume for major cryptos      Method 1: Holding USDT  Users whose USDT holding amount meet the minimum requirement are eligible to claim the draw tickets. See the form below.       Method 2: Accumulating Trading Volume for Major Cryptos   Users who trade major cryptos during 17:00, Nov.17 - 17:00, Nov.19 (UTC+8) with minimum trading volume meeting the minimum requirement are eligible to claim the draw tickets. The major crypto trading pairs include:  BTC/USDT, ETH/USDT, EOS/USDT, BCH/USDT, LTC/USDT, TRX/USDT, XRP/USDT, BSV/USDT, ETC/USDT, DASH/USDT, DOT/USDT, LINK/USDT  See the form below:       Participation prize:   Users who haven't got any winning tickets in the draw can share the participation prize pool in proportion to the number of losing tickets respectively.     Time schedule for ticket claim  1. Ticket claim period: 09:00 - 17:00 (UTC+8), November 19  2. Lottery draw time: 19:00 (UTC+8), November 19  3. Asset exchange time: 19:30 (UTC+8), November 19     Listing schedule of ALPA  Trading: 11:00 (UTC+8), November 20  Deposit & withdrawal: 10:55 (UTC+8), November 20  Trading pair: ALPA/USDT     Project introduction:  Alpaca City is a virtual world built on Ethereum blockchain where users can manage their on-chain assets through collecting and breeding adorable Alpacas. Every Alpaca has varies genetic traits which not only make it unique, but also signifies its ability to generate yields. ALPA holders can use the token to breed Alpaca NFTs, voting for community governance, and spending in Alpaca City Ecosystem.

Dear users:  MEXC has launched the innovative margin DeFi mining product, which enables users to loan USDT, BTC or ETH to earn yield of FIC token. Making loan will be deemed as participating in the DeFi Yield Mining.      Step 1: Users who want to join the yield mining shall first register in the form below:  http://MEXCfutures.mikecrm.com/r93Jb2w      Note: The yield mining period is 00:00, Oct. 24 - 24:00, Oct. 27 (UTC+8); a total of 4 days. After registeration, miners can join in any of the days.       Step 2: Let's have a look at the margin mining pools.     USDT margin mining pool: no hard cap; total yield pool of 80,000 FIC, 20,000 FIC per day.   BTC margin mining pool: no hard cap; total yield pool of 20,000 FIC, 5,000 FIC per day.   ETH margin mining pool: no hard cap; total yield pool of 20,000 FIC, 5,000 FIC per day.       Step 3: Make loan of USDT, BTC or ETH to participate in the yield mining activity  Take loan USDT as an example.   First, enter MEXC APP and find "Margin" on homepage and click to enter. Here we make loan from BTC/USDT margin pair. The 10x means 10 times leverage. See the pic. below:      Second, we shall transfer some USDT asset from spot accout to margin account by clicking "loan/repay" button. Then, click "Transfer". See the pic. below.      Third, when the USDT asset transfered, we can make the loan. The loan steps are: 1. return to the loan page and click "loan"; 2. enter loan amount and click "loan" to complete the loan process.     Note: The loan amount = the USDT principal * (Leverage times - 1). Suppose I transfered 10k USDT as principal, I can loan 90k from MEXC.         In simple, after registration and making loan, you have participate in the yield mining successfully.      Note: If you repay the loan soon after making it, there will be no mining yield.        Join margin trading to enjoy additional reward  In addition to the mining yield reward, miners who join margin trading during the yield mining period can share 1.50% margin trading fees, 2.additional FIC token reward and 3.100 USDT margin trading voucher 4. 40% loan fee discount.     Miners with margin trading volume no less than 1,000 USDT of the day during the yield mining period are eligible to share 50% of the margin trading fee from all miners of the day.   All miners who have joined margin trading during the yield mining period can share an additional prize pool of 10,000 FIC in proportion to their margin trading volume respectively.   All miners can get a margin trading voucher with face value of 100 USDT.    All miners can enjoy 40% loan fee discount for USDT, BTC, ETH loans during the yield mining period.       For more activity details, please refer to previous announcement here:  https://support.mexc.me/hc/en-001/articles/360050939272 

Dear Users:    The contract referral commission feature has launched. Users who invite friends to trade perpetual contracts on MEXC can enjoy up to 30% referral commission rate with a valid period of 1080 days. The specific information rate is related to the inviter's MX token position. The details are shown below: 1. 0 < MX token position < 10,000: Commission rate: 10% 2. 10,000 ≤ MX token position < 100,000: Commission rate: 20% 3. MX token position ≥ 100,000: Commission rate: 30%   Kindly contact customer service (@mexcdm4) on Telegram for more details.   Note: 1. Though it shows [Spot Commission] on APP, it actually includes the spot and leveraged ETF commission as the APP hasn't been updated in time. 2. The rules displayed on APP is not updated yet until the release of the next-version APP. But rules in the announcement prevails. 3. MEXC reserves the right to adjust the referral commission rate and period based on the demand of market operation.   Find us on: Telegram: https://t.me/MEXCEnglish MEXC Trading: https://t.me/MEXCTradeofficial Twitter: https://twitter.com/MEXC_Global https://twitter.com/MEXC_Fans Facebook: https://www.facebook.com/mexcglobal Discord: https://discord.gg/zu5drS8   Register an account of MEXC here: https://www.mexc.com/auth/signup?inviteCode=12wvM   Enjoy trading on MEXC. The MEXC Team July 7, 2020                  

Limit Order Limit orders allow the trader to set a specific buying or selling price, and the order will be filled at the order price or at a price more favorable than the order price.  When a limit order is submitted, if there is no order of which price is more favorable than or equal to the order price available for matching in the order book, the limit order will enter the order book to be filled, increasing the market depth. After the order is filled, the trader will be charged according to the more favorable maker fee. When a limit order is submitted, if an order of which price is more favorable than or equal to the order price is already available for matching in the order book, the limit order will be immediately filled at the current best available price. Because of the liquidity consumed during the order execution, a certain trading fee will be charged as the Taker fee expense. In addition, limit orders can also be used to partially or fully close a take profit limit order. The advantage of a limit order is that it is guaranteed to be filled at the specified price, but there also exists a risk that the order will not be filled. When using a limit order, the user can also switch the effective time type of the order according to their trading needs, and the default is GTC: - GTC (Good ‘Til Canceled Order): This type of order will remain valid until it is fully filled or canceled. - IOC (Immediate or Cancel Order): If this type of order cannot be filled immediately at the specified price, the unfilled part will be canceled. - FOK (Fill or Kill Order): This type of order will be canceled immediately if all orders cannot be filled.   Market Order The market order will be filled at the best price available in the order book at the time. The order can be quickly filled without having the trader set the price. The market order guarantees the execution of orders but not the execution price, as it may fluctuate depending on market conditions. Market orders are typically used when a trader needs to make a quick entry to capture a market trend.   Trigger Limit Order If the trigger price is set, when the benchmark price (market price, index price, fair price) selected by the user reaches the trigger price, it will be triggered, and a limit order will be placed at the order price and quantity set by the user.   Stop Market Order If the trigger price is set, when the benchmark price (market price, index price, fair price) selected by the user reaches the trigger price, it will be triggered, and a market order will be placed with the quantity set by the user. Note: The user's funds or positions will not be locked when setting the trigger. The trigger may fail due to high market volatility, price restrictions, position limits, insufficient collateral assets, insufficient closeable volume, futures in non-trading status, system issues, etc. A successful trigger limit order is the same as a normal limit order, and it may not be executed. Unexecuted limit orders will be displayed in active orders.   Trailing Stop Order A trailing stop order is a strategy order for tracking market prices, and its trigger price may change with latest market fluctuations. Trigger price calculation: Sell, Actual Trigger Price = Market's Historically Highest Price - Trail Variance (Price Gap), Or Market's Historically Highest Price * (1 - Trail Variance %) Buy, Actual Trigger Price = Market's Historically Lowest Price + Trail Variance, Or Market's Historically Lowest Price * (1 + Trail Variance %) Trailing orders allow users to select an activation price for the order, and the system will start calculating the trigger price only after the order is activated.   Identification for Trailing Stop Order Trail variance: The trail variance is the main condition for calculating the actual trigger price. The actual trigger price will be calculated based on the highest/lowest price of the specified price type after the order activation and the trail variance. Quantity: The number of orders placed. Price type: You can select the last transaction price, fair price or index price as the criteria to activate and trigger trailing orders. Activation price: Activation price is the activation condition of a trailing order. When the price of the specified price type reaches or exceeds the activation price, the order will be activated. The system will only start calculating the actual trigger price upon activation. If the activation price is not defined, the order will be  activated upon placement. For example: Case 1 (Sell the rip): The user wants to sell BTC without selecting the activation price (i.e. activate as soon as the order is placed) and the last transaction price is 30,000 USDT. Then, one may set the parameters as follows. [Trail Variance - Price Gap] 2,000 USDT [Quantity] 1 BTC [Price Type] Last Transaction Price In the event where the BTC price keeps increasing to the highest point of 40,000 USDT after the order is placed, and then retraces to 38,000 USDT, reaching the retracement condition (40,000 USDT - 2,000 USDT = 38,000 USDT), the system decides for the user to sell at the market price at 38,000 USDT. Case 2 (Buy the dip): The user wants to buy BTC and the last transaction price is currently 40,000 USDT. Then one may set the parameters as follows. [Trail Variance - Ratio] 5% [Activation Price] 30,000 USDT [Quantity] 1 BTC [Price Type] Last Transaction Price In the event where the BTC price keeps falling to 30,000 USDT after the order is placed, the trailing is activated, it then falls all the way to 20,000 USDT and bounces back to 20,000 USDT * (1 + 5%) = 21,000 USDT, reaching the retracement condition (5%), the system decides for  the user to buy at the market price at 21,000 USDT.    Post Only Post-only orders will not be filled in the market immediately, which ensures that the user is always a maker and enjoys the yield of the trading fee as a liquidity provider; at the same time, if the order is filled with an existing order, then the order will be canceled immediately.   TP/SL TP/SL refers to the pre-set trigger price (take profit price or stop loss price) and trigger price type. When the last price of the specified trigger price type reaches the pre-set trigger price, the system will place a close market order according to the pre-set quantity in order to take profit or stop loss. Currently, there are two ways to place a stop loss order: Set TP/SL when opening a position: This means to set TP/SL in advance for a position that is about to be opened. When the user places an order to open a position, they can click to set a TP/SL order at the same time. When the open position order is filled (partially or fully), the system will immediately place a TP/SL order with the trigger price and trigger price type pre-set by the user. (This can be viewed in open orders under TP/SL.)   Set TP/SL when holding a position: Users can set a TP/SL order for a specified position when holding a position. After the setting is complete, when the last price of the specified trigger price type meets the trigger condition, the system will place a close market order according to the quantity set in advance.