BASEKX | Event Contract Product Description

1. Product Overview

BASEKX event contracts are products traded based on the price movements of crypto assets.

Users can predict the price direction of a specified crypto asset at a specific time in the future and select [Up] or [Down]. When the contract reaches the specified time, the system will determine the final result based on the underlying asset price index and the rules preset by the platform.

2. Product Features

Event contracts use a fixed amount for participation. Users can determine the contract amount invested in the transaction when placing an order and understand the potential returns based on the payout ratio displayed on the trading page.

Unlike traditional contract products, event contracts do not require additional margin, and there is no forced liquidation mechanism. The user's maximum loss is the contract amount paid for the transaction.

3. Trading Method

Users select the [Up] or [Down] direction based on their judgment of the price movement of the underlying asset, and choose the corresponding expiry time and trading amount.

After the order is successfully submitted, the system will automatically settle it at the contract expiry time based on the corresponding price index. The specific trading products, expiry times, and related product parameters are subject to the actual display on the BASEKX platform.

4. Result Settlement

If the price direction selected by the user is consistent with the actual price movement at contract expiry, settlement will be made according to the payout ratio or estimated return displayed on the page when the order was placed; if the prediction is incorrect, the user may lose the entire contract amount invested in the transaction.

5. Important Notice

Price movements in event contracts are uncertain. Before participating, users should fully understand the product mechanism and arrange their trading funds reasonably based on their individual circumstances.