Bexback - Guide - All You Need To Know

Trading Rules

Deposit & Withdrawal

Accepts Bitcoin, ETH, USDT, XRP deposits and withdrawals. Users can choose to invest in any of the trading instruments that BexBack provides but margin and profits will be converted and settled in BTC. The deposit address is a tamper-resistant cold wallet address with multiple signatures.

Support Bitcoin Cold Wallet Address

Profits

If you choose to buy in a long trade position and the price increase by 1% then your profits will be 100%. On the contrary, if you buy in a short trading position and the price fall by 1% then your profits are also 100%. Click here to read theTrading Examples.

Index change of 1%, Profit of 100%

Service Fee

BexBack does not charge a funding fee but charges a service fee for opening&closing a position. Click here to learn about theService Fee.

No Funding Rate In/Out Fee

Auto-sell Profits

When the one-time profits of a position reach 500% of the full-position margin, the corresponding position will be closed and sold at the market price by the system. You can obtain higher profits by adding as much full-position margin as you can.

Higher Profits

Non-deficit/negative Balance

Even if the fluctuation of the market index is great, your maximum loss will only be your account balance. There will not be a negative balance in your account.

Non-negative Balance

Leverage

BexBack provides 100x leverage trading based on the rise/fall of cryptocurrencies. Users can find a direction to make profits no matter the prices of cryptocurrencies go up or down. We provide leverage trading on 5 cryptocurrencies including BTC/USDT, ETH/USDT, ADA/USDT, SOL/USDT, and XPR/USDT. For more details please refer to theContract Statements.

100x Leverage Five Coins

Trading Hours

Trading on BexBack is available 24-hour a day and 7-day a week.

7*24 hours

Position

BexBack provides a non-locked position mode which means that you can only choose to buy long or short for a specific trading instrument at the same time. Positions of the same direction that are newly created will be merged into one position.

Non-locked Mode

Cutting Loss (Auto-sell Loss)

The system will force liquidated your position when the changes in prices cause that the full-position margin rate becomes less than the required value (30%). You can add as much full-position margin as possible to lower risks.

Lower Risk

Price Index

ThePrice Indexon BexBack is based on the calculation of the weighted data from 5 major exchanges in the world - Binance, Bybit, OKX, Bitget and Kraken.

In case any of the exchanged fails to provide quotes due to its service performance or any problems, BexBack reserves the right to apply a new Price Index which is based on the weighted average of the remained working exchanges immediately.

The World's Top 5 Exchanges

Contract Statements

BTC/USDT
ETH/USDT
ADA/USDT
SOL/USDT
XRP/USDT

BTC/USDT Contract Statement

BexBack provides a perpetual contract to allow copying the market price of spot trading with high leverage. This kind of contract will not be settled and will follow the price index of the objects in all kinds of mechanisms unless you close the positions. There is no service fee for managing funds in the contracts except happening in opening&closing a position and holding a position overnight (UTC 00:00:00). To learn about the rules of the service fee, please refer to theService Fee.

Sustainable Contract In/Out Fee

Margin and Leverage

All margins are settled in Bitcoin. Traders can only buy long or short via Bitcoin. The leverage BTC/USDT futures contract is 1:100. BexBack operates a full-margin mode to provide more floating space of prices for your trading practices. BexBack also applied a portfolio margin mode to allow you to open positions with margin from those unsettled floating profits/losses.

For example, when purchasing a contract valuing 100 BTC, you will need to spot 1 BTC as an initial margin.Click to trade in a simulation environment.

100x Leverage Full-Margin Mode

How Does the BTC Futures Quote Happen?

The price of the object for a BTCUSDT contract is the trading price of BTC/USDT which is originated from a comprehensive index from the market quotes and can be referred to as thePrice Index.The object price and the price of a swap contract are both quotes by USDT. All margins, profits, and losses are settled in Bitcoin.

Open Market Price In/Out Fee

Complete Contract Statement

Type	BTC/USDT
Expiration time	Perpetual
Minimum contract value	0
Maximum contract value	0
Service fee for opening a position	0
Service fee for closing a position	0
Overnight timing	UTC 00:00:00
Contract step-size	0
Settlement currency	Settled in Bitcoin
Margin mode	Full-margin mode
Retention Rate of Margin	0
Maximum number of limit orders	0
Smallest range of price change	0

ETH/USDT Contract Statement

Ethereum is a distributed platform running smart contracts. Applications are executed following the programmed instruction on the blockchain and won't be intervened by shutdown, censorship, and fraudulence from any third-parties. This project is developed by Ethereum Foundation. The currency code of Ethereum is ETH.

BexBack provides a perpetual contract to allow copying the market price of spot trading with high leverage. This kind of contract will not be settled and will follow the price index of the objects in all kinds of mechanisms unless you close the positions. There is no service fee for managing funds in the contracts except happening in opening&closing a position and holding a position overnight (UTC 00:00:00). To learn about the rules of the service fee, please refer to theService Fee.

Sustainable Contract In/Out Fee

Margin and Leverage

All margins are settled in Bitcoin. Traders can only buy long or short via Bitcoin. The leverage ETH/USDT futures contract is 1:100. BexBack operates a full-margin mode to provide more floating space of prices for your trading practices. BexBack also applied a portfolio margin mode to allow you to open positions with margin from those unsettled floating profits/losses.

For example, when purchasing a contract valuing 100 BTC, you will need to spot 1 BTC as an initial margin.Click to trade in a simulation environment

100x Leverage Full-Margin Mode

How Does the ETH Futures Quote Happen?

The price of the object for an ETHUSDT contract is the trading price of ETH/USDT which is originated from a comprehensive index from the market quotes which integrate quotes from over 15 market makers. The object price and the price of a swap contract are both quotes by USDT. All margins, profits, and losses are settled in Bitcoin.

Open Market Price In/Out Fee

Complete Contract Statement

Type	ETH/USDT
Expiration time	Perpetual
Minimum contract value	0
Maximum contract value	0
Service fee for opening a position	0
Service fee for closing a position	0
Overnight timing	UTC 00:00:00
Contract step-size	0
Settlement currency	Settled in Bitcoin
Margin mode	Full-margin mode
Retention Rate of Margin	0
Maximum number of limit orders	0
Smallest range of price change	0

ADA/USDT Contract Statement

ADA is another cryptocurrency that differentiates itself with its capability to process higher trading volume. Its currency code is ADA. As the generation speed and frequency of blocks is higher, the ADA network supports more transactions without the need to modify the system. Thus, merchants can see shorter confirmation time and can wait for more confirmations when selling high-valued commodities.

BexBack provides a perpetual contract to allow copying the market price of spot trading with high leverage. This kind of contract will not be settled and will follow the price index of the objects in all kinds of mechanisms unless you close the positions. There is no service fee for managing funds in the contracts except happening in opening&closing a position and holding a position overnight (UTC 00:00:00). To learn about the rules of the service fee, please refer to theService Fee.

Sustainable Contract In/Out Fee

Margin and Leverage

All margins are settled in Bitcoin. Traders can only buy long or short via Bitcoin. The leverage ADA/USDT futures contract is 1:100. BexBack operates a full-margin mode to provide more floating space of prices for your trading practices. BexBack also applied a portfolio margin mode to allow you to open positions with margin from those unsettled floating profits/losses.

For example, when purchasing a contract valuing 100 BTC, you will need to spot 1 BTC as an initial margin.Click to trade in asimulation environment

100x Leverage Full-Margin Mode

How Does the ADA Futures Quote Happen?

The price of the object for an ADAUSDT contract is the trading price of ADA/USDT which is originated from a comprehensive index from the market quotes which integrate quotes from over 15 market makers. The object price and the price of a swap contract are both quotes by USDT. All margins, profits, and losses are settled in Bitcoin.

Open Market Price In/Out Fee

Complete Contract Statement

Type	ADA/USDT
Expiration time	Perpetual
Minimum contract value	0
Maximum contract value	0
Service fee for opening a position	0
Service fee for closing a position	0
Overnight timing	UTC 00:00:00
Contract step-size	0
Settlement currency	Settled in Bitcoin
Margin mode	Full-margin mode
Retention Rate of Margin	0
Maximum number of limit orders	0
Smallest range of price change	0

SOL/USDT Contract Statement

SOL is a newly introduced blockchain structure to achieve performance extensions for distributed applications. Please be noted that it is not a cryptocurrency like Bitcoin and Ethereum but a token released based on the SOL software project which is called Blockchain 3.0.

BexBack provides a perpetual contract to allow copying the market price of spot trading with high leverage. This kind of contract will not be settled and will follow the price index of the objects in all kinds of mechanisms unless you close the positions. There is no service fee for managing funds in the contracts except happening in opening&closing a position and holding a position overnight (UTC 00:00:00). To learn about the rules of the service fee, please refer to theService Fee.

Sustainable Contract In/Out Fee

Margin and Leverage

All margins are settled in Bitcoin. Traders can only buy long or short via Bitcoin. The leverage SOL/USDT futures contract is 1:100. BexBack operates a full-margin mode to provide more floating space of prices for your trading practices. BexBack also applied a portfolio margin mode to allow you to open positions with margin from those unsettled floating profits/losses.

For example, when purchasing a contract valuing 100 BTC, you will need to spot 1 BTC as an initial margin. Click to trade in asimulation environment

100x Leverage Full-Margin Mode

How Does the SOL Futures Quote Happen?

The price of the object for an SOLUSDT contract is the trading price of SOL/USDT which is originated from a comprehensive index from the market quotes which integrate quotes from over 15 market makers. The object price and the price of a swap contract are both quotes by USDT. All margins, profits, and losses are settled in Bitcoin.

Open Market Price In/Out Fee

Complete Contract Statement

Type	SOL/USDT
Expiration time	Perpetual
Minimum contract value	0
Maximum contract value	0
Service fee for opening a position	0
Service fee for closing a position	0
Overnight timing	UTC 00:00:00
Contract step-size	0
Settlement currency	Settled in Bitcoin
Margin mode	Full-margin mode
Retention Rate of Margin	0
Maximum number of limit orders	0
Smallest range of price change	0

XPR/USDT Contract Statement

Ripple is a company founded by venture capitals to provide a global financial settlement solution to promote value exchange on the earth. What makes Ripple different from Bitcoin is that the currency itself is integrated into the distributed transaction network. The currency code of Ripple is XRP. An iterative consensus process is used on the network while Bitcoin uses a process of Proof-of-Work. Its confirmation speed is higher than the Bitcoin network with this technology and the Ripple network can also track other information except for Ripple.

BexBack provides a perpetual contract to allow copying the market price of spot trading with high leverage. This kind of contract will not be settled and will follow the price index of the objects in all kinds of mechanisms unless you close the positions. There is no service fee for managing funds in the contracts except happening in opening&closing a position and holding a position overnight (UTC 00:00:00). To learn about the rules of the service fee, please refer to theService Fee.

Sustainable Contract In/Out Fee

Margin and Leverage

All margins are settled in Bitcoin. Traders can only buy long or short via Bitcoin. The leverage XRP/USDT futures contract is 1:100. BexBack operates a full-margin mode to provide more floating space of prices for your trading practices. BexBack also applied a portfolio margin mode to allow you to open positions with margin from those unsettled floating profits/losses.

For example, when purchasing a contract valuing 100 BTC, you will need to spot 1 BTC as an initial margin.Click to trade in a simulation environment

100x Leverage Full-Margin Mode

How Does the XRP Futures Quote Happen?

The price of the object for an XRPUSDT contract is the trading price of XRP/USDT which is originated from a comprehensive index from the market quotes which integrate quotes from over 15 market makers. The object price and the price of a swap contract are both quotes by USDT. All margins, profits, and losses are settled in Bitcoin.

Open Market Price In/Out Fee

Complete Contract Statement

Type	XRP/USDT
Expiration time	Perpetual
Minimum contract value	0
Maximum contract value	0
Service fee for opening a position	0
Service fee for closing a position	0
Overnight timing	UTC 00:00:00
Contract step-size	0
Settlement currency	Settled in Bitcoin
Margin mode	Full-margin mode
Retention Rate of Margin	0
Maximum number of limit orders	0
Smallest range of price change	0

Price Index

The Price Index on BexBack is based on the calculation of the weighted data from 5 major exchanges in the world - Binance, Bybit, OKX, Bitget and Kraken.

In case any of the exchanges fail to provide quotes due to its service performance or any problems, BexBack reserves the right to apply a new Price Index based on the weighted average of the remained working exchanges immediately. BexBack has integrated more data depths to avoid slippage.

BTC/USDT
ETH/USDT
ADA/USDT
SOL/USDT
XRP/USDT

BTC/USDT Index

Source	Current Quote	Currency	Weight of Volume	Real-time Weight
Binance	0	USDT	0	0
Bybit	0	USDT	0	0
OKX	0	USDT	0	0
Bitget	0	USDT	0	0
Kraken	0	USDT	0	0

Service Fee

Service Fee for Deposit & Withdrawal

BexBack will choose the best network fee based on the current traffic jam status on the blockchain to guarantee the fastest delivery speed.

Deposit 0BTC

Withdrawal(per application) 0.0001BTC

Overnight Interest

You will be charged a loan interest at 0.1% of the contract value if the holding time of positions exceeds the UTC time of 00:00:00. Nevertheless, you won't be charged any loan interest if you don't hold any positions at that point in the time.

Service Fee for Trading

Services fee for trading is calculated in this way:
fee = amount of order * service fee ratio%

BTC/USDT

100x Leverage

0.075%

Service Fee When open/close

ETH/USDT

100x Leverage

0.151%

Service Fee When open/close

ADA/USDT

100x Leverage

0.193%

Service Fee When open/close

SOL/USDT

100x Leverage

0.195%

Service Fee When open/close

XRP/USDT

100x Leverage

0.195%

Service Fee When open/close

Trading Examples

A trader opened a long position worth 10 BTC with 0.1 Bitcoin (100x leverage). The open price is 30,000 USDT, and he closed the position when the price reached 33,000 USDT.

The profits of the trader will be: Contract Value * (Close Price - Open Price) = 10 * (33,000 - 30,000) = 30,000 USDT

Currently, the value of the profits settled in Bitcoin: Profits / Bitcoin price = 30,000 USDT / 33,000 USDT = 0.90909091 BTC

Open Position Service Fee: Contract Value * 0.075% = 0.0075 BTC

Close Position Service Fee: Contract Value * 0.075% = 0.0075 BTC

Sum of the Service Fees = 0.0075 * 2 = 0.015 BTC

The current Net Profit Ratio = (Profit - Service Fee) / Margin Used = (0.90909091 BTC - 0.015 BTC) / 0.1 BTC = 894.09%

In case the price plunged to 27,000 USDT, the trader will need to take an equivalent amount of loss. Under the same trading mechanism, the trader can make profits by trading short when the BTC prices fall.

An inverse contract and a non-linear contract may cause a huge loss. Contrarily, settling in Bitcoin will create larger profits for short traders when the prices fall than when the prices increase by the same range for long trades. Click to trade in a simulation environment

Overnight Interest

In case the position runs overnight, which the timestamp passes the UTC time of 00:00:00, there will be an overnight interest deducted at the amount of Contract Value * 0.1%.