Dear XTers:
XT.COM has launched the World Cup Golden Ball Award Prediction Markets at 07:00 on December 8, 2022 (UTC).Both cross margin and isolated margin modes are supported, and all the trading pairs are USDT-margined forward contracts (1- 2 times leverage).
Click to trade XT.COM Golden Ball Prediction Markets
Overview and naming rules of World Cup Golden Ball Prediction Markets:
The World Cup Golden Ball Awards Candidates series trading pairs are futures products that anchor the results of the 2022 World Cup Golden Ball Award with a delivery date and apply to XT.COM futures trading rules.
The naming rules of the 2022 World Cup Golden Ball Candidates series trading pairs is: Candidate's Surname+GBall + 2022. The delivery of the futures will be based on the result of the World Cup Golden Ball Award.
World Cup Golden Ball Award Prediction Markets price meanings:
Taking the MESSIGBALL2022 as an example,theoretically--ignoring service fees and price difference, etc.--the price of one contract of MESSIGBALL2022 should be equal to the probability that Messi wins the 2022 World Cup Golden Ball Award. So if you think there's a 52% chance of Messi winning, then MESSIGBALL2022 should trade at $0.52; buying below there would be good, as would selling above $0.52.
Detailed delivery instructions:
Still take the MESSIGBALL2022 as an example, this future anchors to whether Messi can win the 2022 World Cup Golden Ball Award. If Messi wins, the MESSIGBALL2022 contract will be delivered at $1 at 2:00 on December 19, 2022 , otherwise it will be delivered at $0.
Same as above, if other candidates win the 2022 World Cup Golden Ball Award, the corresponding contract will be delivered at $1, otherwise at $0.
Please note that:
- If the candidate is not selected for the World Cup Golden Ball Award official candidate list, the corresponding contract will be settled at 0 USDT at 02:00 on the next day (UTC) .
- If the 2022 World Cup Golden Ball Award is announced to be canceled, then all candidates' contracts will be delivered at $0 at 02:00 on the next day (UTC) .
Margin ratio of the World Cup Golden Ball Prediction Markets:
|
Level |
Trading Pair |
Initial Margin Rate |
Maintenance Margin Rate |
Max Leverage |
Max Nominal Value |
|
1 |
All World Cup Golden Ball Award Prediction Markets |
0.5 |
0.25 |
2 |
5000 |
|
2 |
1 |
0.5 |
1 |
6000 |
World Cup Golden Ball Awards Prediction Markets details:
|
Candidates for the 2022 World Cup Golden Ball Award |
Corresponding Contract |
|
Lionel Messi |
MESSIGBALL2022 |
|
Cristiano Ronaldo |
RONALDOGBALL2022 |
|
Kylian Mbappe |
MBAPPEGBALL2022 |
|
Bukayo Saka |
SAKAGBALL2022 |
|
Richarlison |
RICHARLISONGBALL2022 |
In the future, XT.COM will launch more Prediction Markets varieties as well as related activities, please stay tuned.
Risk warning:
Digital assets futures trading is highly professional and subjects to high market risk. While bringing you huge returns, it may also cause forced liquidation to all your margin due to drastic price fluctuations. Please note that all trading strategies are at your own discretion and risk and be sure to always make rational judgments and prudent decisions. XT.com does not assume any responsibility for any losses you incurred due to the trading of futures.
Thank you for your support!
XT.COM Team
December 8, 2022
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XT.COM reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.