Contract definitions for the ETH/BTC Spot Contract.
A Spot Contract allows for the trading and exchange of one contract for another. The price is defined to be how many of the Quote Currency is needed for 1 Base Currency. For example, a price of 0.02156505 means 0.02156505 BTC can be exchanged for 1 ETH.
If selling an ETH-BTC contract, one needs to have that much ETH deposited in their account. If buying, one needs enough BTC.
|Minimum tick size||0.000001|
|Fees||Taker fee of 0.1%. Maker rebate of -0.03%. Fee discounts for Volume and EMX holdings are described here.|
|Price protection||+- 5% for Market Orders; +6% for Buy Limit Orders; -6% for Sell Limit Orders|
|Trading Hours||24 hrs/day, 7 days/week, 365 days/year (excluding maintenance)|