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Event Contract User Agreement

Updated
By checking the confirmation box when activating Event Contracts, you acknowledge that you have read, understood, and agreed to all terms and conditions of this Agreement.
 

I. Product Definition

An Event Contract is a derivative trading product provided by the Platform, with settlement based on the outcome of a specific market or event. You do not need to predict complex price movements or price paths. Instead, you only need to predict the direction of a clearly defined outcome (e.g., whether the underlying asset's price will rise or fall within a specified period).
Event Contracts are settled in USDT and are considered high-risk, high-volatility derivative products.
 

II. Trading Rules

  1. Underlying Assets and Direction: The Platform supports designated underlying assets such as BTCUSDT and ETHUSDT. The available directions are Higher or Lower.
  2. Trading Modes:
    1. Classic Mode: You may select the desired order window (e.g., 10 minutes, 30 minutes, 1 hour, or 1 day).
    2. Game Mode: Each round has a fixed window and consists of three stages: Prediction — Wait for Result — Settlement. You may join at your discretion.
  3. Order Amount: You may place orders using fixed amounts (e.g., 1 USDT, 5 USDT, 10 USDT, or 50 USDT) or a custom amount. Custom order amounts are subject to the maximum limit for a single order. You cannot place an order if your available balance is insufficient.
  4. Settlement and Results:
    1. Correct Prediction: Your principal is returned, and you receive a bonus.
    2. Draw: Your principal is returned in full with no profit.
    3. Incorrect Prediction: You lose the entire principal amount placed on the order.
  5. Fund Transfers: When an order is opened, the order principal is deducted from your Spot Account. After settlement, the corresponding amount will be transferred back to your Spot Account in the event of a correct prediction or a draw. No additional record or adjustment will be made in the event of an incorrect prediction.

III. Risk Disclosure

Event Contracts involve high risks and high volatility. Please fully understand and acknowledge the following risks:
  1. You may lose the entire principal amount placed on an order;
  2. In the event of significant market volatility, market data delays, or abnormal market conditions, the settlement price may differ from your expectations;
  3. Event Contracts are not suitable for all investors and are only suitable for users who are able to bear the corresponding losses. Please manage your position size appropriately and never invest funds beyond your financial capacity;
  4. The Platform does not guarantee or make any commitments regarding the profits or losses of any user's trades, nor does it provide investment advice. All trading decisions are made independently by you, and you assume full responsibility for the consequences of such decisions.

IV. Effectiveness and Amendments

  1. By checking the confirmation box when activating Event Contracts, you are deemed to have accepted this Agreement, which becomes effective for you upon activation.
  2. The Platform reserves the right to suspend or terminate Event Contract services at any time. Any such suspension or termination will not affect the normal settlement of orders that have already been placed.
  3. The Platform operator reserves the right of final interpretation of this Agreement.

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