Exciting news for traders and investors: expanded trading options for TRUMP are now live. This update provides users with more versatile ways to engage with this digital asset, including leveraged trading, perpetual contracts, and simplified earning products. The rollout was completed in phases to ensure a smooth user experience across all platform interfaces.
TRUMP Leveraged Trading and Simple Earn Features
Leveraged trading for TRUMP against USDT trading pairs is now active. This feature allows traders to amplify their positions by borrowing funds, potentially increasing both gains and losses. It is crucial for users to fully understand the associated risks before participating.
The platform employs a multi-tiered margin design to manage risk effectively. These tiers determine the maximum leverage available for a position size and are a key part of responsible risk management. For the most current and detailed information on these specific margin levels, users should consult the official leverage and borrowing guide within the platform's help center.
Alongside leveraged trading, the Simple Earn feature for TRUMP has also been launched. This product offers users a way to potentially generate returns on their idle assets. The allocation of subscription quotas for these earning products is subject to change based on market demand and liquidity. For precise details on available limits and rules, please refer to the official Simple Earn product page.
👉 Explore earning opportunities on TRUMP assets
In-Depth Look at TRUMP Perpetual Contracts
A key addition is the TRUMP/USDT perpetual contract. These contracts allow for speculation on the future price of TRUMP without an expiration date, making them a popular instrument for both short-term traders and long-term investors.
Key Contract Specifications
The contract is designed with clarity and functionality in mind. Below are its core specifications:
- Underlying Asset: TRUMP/USDT index.
- Settlement Currency: USDT.
- Contract Face Value: 0.1 TRUMP.
- Price Quotation: Price reflects the USDT value of 1 TRUMP.
- Minimum Price Movement (Tick Size): 0.001.
- Available Leverage: Ranges from 0.01x to 50x.
- Trading Hours: 24 hours a day, 7 days a week.
Understanding Funding Rates
Perpetual contracts use a funding fee mechanism to ensure the contract price closely tracks the underlying spot index price.
- Funding Fee Calculation: The rate is calculated using a formula that compares the contract's mid-price to the spot index price. This rate is clamped between -1.5% and 1.5%.
- Payment Frequency: These funding fees are exchanged between long and short position holders every four hours.
The trading rules for this contract, including limit order parameters, align with those of other established perpetual contracts on the platform. Users can find comprehensive information on these rules and risk management techniques in the perpetual合约 documentation.
Frequently Asked Questions
What is a perpetual contract?
A perpetual contract is a derivative product that enables you to speculate on an asset's price direction without owning it. Unlike futures, they have no expiry date, allowing you to hold positions indefinitely, though funding fees are regularly exchanged between traders.
How does leveraged trading work?
Leveraged trading allows you to open a position larger than your initial capital by borrowing funds. For example, with 10x leverage, a $100 investment controls a $1,000 position. This magnifies both potential profits and potential losses, making risk management essential.
What is Simple Earn and how do I participate?
Simple Earn is a product that lets you earn potential rewards on crypto assets you are not actively trading. You can subscribe to offers, and your assets are typically locked for a flexible or fixed term to generate yields. Available offers and limits are listed on the product page.
Are there risks associated with these new products?
Yes, all trading and investment products carry risk. Leveraged trading and perpetual contracts can lead to rapid losses exceeding your initial deposit due to leverage. It is vital to educate yourself on these mechanisms, use risk management tools like stop-loss orders, and only trade with capital you can afford to lose.
Where can I find the most detailed and updated rules?
The most accurate and current information, including all specific risk parameters, margin tiers, and product rules, is always available on the official website and within the help section of the platform itself. 👉 Learn more about advanced trading mechanics