Dear Users:
Megabit contract trading involves digital currency derivatives and is characterized by high leverage and significant risk. Before engaging in contract trading, it is crucial to thoroughly understand the risks associated with contract trading and the specific rules of Megabit contracts. By starting contract trading, you acknowledge that you fully understand and are willing to accept the related risks.
Risks associated with contract trading include but are not limited to:
1. Price Fluctuation Risk
Digital currency prices are influenced by various factors and exhibit high volatility. Investors may find it challenging to fully grasp market conditions. Failure to effectively manage risks could result in significant losses, for which the investor will be solely responsible.
2. Forced Liquidation Risk
Contract trading involves high leverage, which can lead to rapid gains or losses. If the market moves against your position, substantial losses may occur. Investors should consider adding margin or reducing positions; otherwise, they may face forced liquidation, with all losses being borne by the investor.
3. Trading Risk
Once an order is executed in the Megabit trading system, it cannot be canceled. Investors must accept the risks associated with this system. The exchange does not guarantee profits and will not share in profits or bear risks with investors.
4. Policy Risk
Digital asset derivative trading may be subject to regulatory risks. Investors should understand the regulatory environment of the trading region and make prudent judgments before trading.
5. Force Majeure Risk
Events such as earthquakes, floods, fires, or failures in computer or communication systems may lead to orders not being executed or not being fully executed, and investors will bear any resulting losses.
6. Other Risks
High leverage increases personal and market risk. The platform monitors positions of users employing high leverage. If the platform determines that a position may significantly impact market stability, it may take corresponding measures, including but not limited to risk notifications, forced reductions, forced liquidation, or order cancellations, and will provide a written explanation.
Please ensure you thoroughly understand and evaluate these risks before trading.
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