SaviCoin Event Contract Product Introduction

1. What is an Event Contract?

SaviCoin Event Contract is a fixed-risk trading product based on predicting the future price direction of a cryptocurrency asset.
 

Users can select a specified cryptocurrency asset and predict whether the price of that asset at the contract expiration will be "up" or "down" compared to the time of placing the order.

Each event contract represents the user's judgment on the price trend:

· If the prediction is correct, the user will receive the corresponding return according to the payout ratio displayed on the page at the time of order placement;

· If the prediction is incorrect, the user will lose the contract amount paid for that order;

· The maximum possible loss for a single order is limited to the contract amount of that order, with no need for additional margin and no risk of forced liquidation.

Users can trade in SaviCoin Event Contracts by choosing either the "Up" or "Down" direction.

SaviCoin will periodically adjust the supported trading assets, contract durations, trading amounts, and payout ratios based on market conditions, product planning, user demand, liquidity, and relevant compliance requirements. The actual details are subject to what is displayed on the event contract page.

2. Main Features of Event Contracts

1. Simple Operation

Users do not need to set complex leverage, take profit, or stop loss. They only need to select the trading asset, contract duration, trading amount, and the direction of up or down to submit an order.

2. Fixed Risk

Users can clearly understand the maximum possible loss of the order before placing it. If the prediction is incorrect, the maximum loss is limited to the contract amount paid for that order.

3. Clear Returns

When placing an order, the page will display the corresponding payout ratio and potential returns in advance. If the prediction is correct, the system will automatically settle according to the rules displayed at the time of order placement.

4. Automatic Settlement

After the order is successfully submitted, there is no need to manually close the position. Upon contract expiration, the system will automatically settle based on the opening price, expiration price, and the direction chosen by the user.

5. No Additional Margin Required

Event contracts do not use the traditional contract margin call mechanism, so users do not need to worry about being required to add margin due to market fluctuations.