That is, contracts based on USDT, where profits and losses are calculated. Transfer USDT to the contract account to open a position, and make a profit or pay a loss in the form of USDT after closing the position.

Reverse contract

In other words, currency-based contracts are contracts that calculate profits and losses based on digital assets such as BTC and ETH. For example, in a BTC reverse contract, the user transfers the BTC to a contract account to open a position, and after closing the position, he makes a profit or stops the loss in the form of BTC.

How to choose forward and reverse contracts?

Reverse contracts are settled in monetary standards. When the currency price rises for a long time, it will get both the contract and the spot, and vice versa.

For those who have speculative demand, you can use currency-based reverse contracts without paying chips.

On the Reverse Contract of MEXC Matcha

In the near future, MEXC Matcha under the currency-based perpetual contract will be launched, and the mainstream and popular assets such as BTC, ETH and FIL will be launched in the first batch, which supports the free adjustment of 1- 100 times leverage.

Currency-based contracts, also known as reverse contracts, are contract products with the asset itself as the settlement target. At present, MEXC Matcha has supported mainstream assets such as BTC and ETH, as well as popular assets such as DOT and FIL on USDT standard forward contracts.