Adjustments to the BCH Perpetual Contract after BCH Hard Fork
11/17/2020, 12:04:41
Dear KuCoin Futures Users:
BitcoinCash completed the BCH hard fork on 22:30 (or so), November 15, 2020 (UTC+8). KuCoin Futures is going to adjust BCH Perpetual Contract as follows:
1. Underlying Assets
KuCoin Futures adopts BitcoinCash Node (BCHN) as the underlying asset of BCH contract and refers to the BCHN price of popular exchanges as the index price while keeping the contract name and index name unchanged.
2. Risk Control
1）The index price on KuCoin Futures anchors that of 6 Exchanges including Huobi, Okex, Binance, KuCoin, Poloniex and Hitbtc.
2) The limit for order price will be shifted from 15% to 5%, details are as follows:
Max. bid price = Mark price * (1+5%)
Min. ask price = Mark price * (1-5%)
3) Support the highest leverage of 50x
Above adjustments will take into effect on 12:00, November 17, 2020 (UTC+8).
Thank you for your support on KuCoin Futures!
The KuCoin Futures Team
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