Dear XTers:
XT.COM has launched the World Cup Semi-Finals Prediction Markets linear contract (1-2x leverage) at 02:00 on December 12, 2022 (UTC).
1. Overview and Naming Rules
The World Cup Semi-Finals Prediction Markets Product anchors the results to the football match. This prediction product has a delivery date, and applies the trading rules of XT.COM futures.
The naming rules of the Semi-Finals Prediction Market is Wcup2022anchorteam + Opponent + Current stage. All teams are named after their country's abbreviation, and the futures delivery results are based on the anchor team's victory, draw or defeat.
Taking Wcup2022ARVHR1/2 as an example, the anchored match of this futures is the game between Argentina and Croatia at 19:00 on December 13 (UTC). The anchored team is Argentina. If Argentina wins this game, the futures will be delivered at $1; if the Argentina loses, it will be delivered at $0.
The delivery of each game will be carried out in about 3 hours after the game starts. Please note that XT.COM reserves the right to delay the delivery due to force majeure.
2. Trading Rules
Still take Wcup2022ARVHR1/2 as an example, with Argentina being the anchored team, if you think Argentina has a 50% chance of winning, without considering the service fee and other fees, it should be traded at 0.5 USDT; buying below there would be good, as would selling above $0.50.
3. Margin Ratio
|
Level |
Trading Pair |
Initial Margin Rate |
Maintenance Margin Rate |
Max Leverage |
Max Nominal Value |
|
1 |
All World Cup Semi-Finals Prediction Markets |
0.5 |
0.25 |
2 |
5000 |
|
2 |
1 |
0.5 |
1 |
6000 |
4. Attachment：World Cup Semi-Finals Prediction Markets Details
|
Anchored Team |
Opponent |
Match Start Time（UTC） |
Corresponding Predict Markets |
|
Argentina |
Argentina vs Croatia |
19:00 Dec 13 |
Wcup2022ARVHR1/2 |
|
France |
France vs Morocco |
19:00 Dec 14 |
Wcup2022FRVMA1/2 |
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 12, 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.