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Introduction to Weekly Contract

Weekly Contract
BTCC's weekly contract is a USDT-settled CFD launched by BTCC. Each week, one lot size of the contract represents a contract value corresponding to the amount of digital currency (for example, BTCUSDT CFD, one lot size of the contract represents 1BTC, EOSUSDT CFD, one lot size represents 1EOS). Investors can buy long to get the benefits of rising prices or sell short to get the benefits of falling prices.
BTCC Weekly Contract:
Currency unit	Leverages
BTCUSDT	100x、50x、20x、10x
ETHUSDT	100x、50x、20x、10x
LTCUSDT	50x、20x、10x
BCHUSDT	50x、20x、10x
EOSUSDT	50x、20x、10x
-Trading Hour: Sunday 07:00 – next Sunday 05:00. Settlement time: Sunday 05:00 – 07:00(UTC+8). Trading will be paused during this time. If there is a temporary pause in trading cuased by systmen update, the customers will be notified in advance. Please be aware of any latest notice.
-Expiration Date: Settlement time: Sunday 05:00 – 07:00(UTC+8).
-Settlement price: The weekly contract settlement price is based on the opening price at 05:00 on Sunday morning, Hong Kong Time. Open positions will be closed at the very price.
-Cross-Margin model: BTCC's weekly contract is the Cross-Margin model which means the margin is shared between the open positions.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.