Dear XTers:
XT.COM will launch the World Cup Final Prediction Markets linear contract (1-2x leverage) at 08:00 on December 15, 2022 (UTC).
1. Overview and Naming Rules
The World Cup Final 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 Final 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.
Wcup2022FRVARFinal anchored match between France and Argentina at 15:00 on December 18 (UTC). The anchored team is France. If France wins this game, the futures will be delivered at $1; if France 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
Wcup2022FRVARFinal with France being the anchored team, if you think France 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 Final Prediction Markets |
0.5 |
0.25 |
2 |
5000 |
|
2 |
1 |
0.5 |
1 |
6000 |
4. Attachment：World Cup Final Prediction Markets Details
|
Anchored Team |
Opponent |
Match Start Time（UTC） |
Corresponding Predict Markets |
|
France |
France vs Argentina |
15:00 on Dec 18 |
Wcup2022FRVARFinal |
Thank you for your support!
XT.COM Team
December 15, 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.