What is an Event Futures Contract?
An Event Futures contract is a straightforward short-term directional trading tool that allows you to predict whether a cryptocurrency's price will rise or fall within a fixed time window.
- Profit rule: If your prediction is correct, you earn the corresponding profit. If your prediction is incorrect, only your initial investment amount is lost. There are no additional losses beyond what you invested.
- Core advantage: Unlike perpetual futures contracts, Event Futures contracts carry no leverage and no liquidation risk. Your maximum loss per trade is limited to the amount you invested, making it a low-barrier, fully risk-controlled product.
Tradable Assets
| Asset Pair | Available Time Periods |
|---|---|
| BTC/USDT | 5 minutes, 10 minutes, 30 minutes, 1 hour, 1 day |
| ETH/USDT | 5 minutes, 10 minutes, 30 minutes, 1 hour, 1 day |
Additional trading pairs and time periods will be progressively added based on platform roadmap and market demand. Please follow official Bitunix announcements for updates.
How to Place an Event Futures Trade
Step 1: Access the Events Section
Open the Bitunix app and tap Futures in the bottom navigation bar. At the top of the page, select the Events tab.
Step 2: Select Your Trading Pair
Choose the asset pair you wish to trade, such as BTC/USDT.
Step 3: Select the Contract Time Period
Choose your preferred contract duration from the available time periods: 5 minutes, 10 minutes, 30 minutes, 1 hour, or 1 day.
Step 4: Enter Your Investment Amount
Enter the amount you wish to invest in USDT. The platform will automatically display the minimum investment requirements and your estimated return in real time before you submit the order.
Step 5: Select Your Price Direction
- If you predict the price will be higher when the contract expires, tap [Higher]
- If you predict the price will be lower when the contract expires, tap [Lower]
- Step 6: Confirm and Place Your Order
- Review your order summary carefully, including the following details:
- Trade direction (Higher or Lower)
- Investment amount
- Estimated return
- Contract expiration time
Once all details are confirmed, tap [Confirm] to submit your Event Futures order.
Step 7: Wait for Settlement
Once the contract expires, the platform will automatically calculate and settle your result. Any profit will be credited to your account instantly in real time.
Core Concepts of Bitunix Event Futures
1. Open Price
When your order is submitted, the system captures the index price at the next complete second. This brief delay is intentional and is designed to prevent front-running and ensure fair trade execution for all users.
2. Settlement Price
The index price at the exact moment the contract expires serves as the final reference price for determining profit, loss, and settlement.
3. Payout Ratio
The payout ratio is the return rate set by the platform for winning trades. It is dynamically adjusted based on real-time market conditions.
Example: Payout ratio of 0.85 on a 100 USDT investment
| Outcome | What You Receive |
|---|---|
| Correct prediction | Principal returned plus profit: 100 + (100 × 0.85) = 185 USDT |
| Incorrect prediction | Full investment lost: 0 USDT |
| No price movement (tie) | Full principal refunded: 100 USDT |
Loss Limits and Risk Control
Bitunix operates a multi-level risk protection framework designed to encourage disciplined trading, manage overall transaction risk, and protect the security of user funds.
1. Platform Daily Loss Limit
The platform enforces a daily maximum loss limit for each user, which includes both realized losses from settled contracts and unrealized floating losses on open positions. Once this limit is reached, new orders will be suspended for the remainder of that trading day. The limit resets automatically at UTC 00:00 each day. You can view your current limit threshold directly on the Event Futures trading page.
2. Custom Daily Loss Limit
Users may set a personalized daily loss limit below the platform default. Once triggered, all new order activity will be suspended for the remainder of that day. To configure your custom limit:
- Navigate to the Event Futures trading page
- Tap the Loss Limit icon
- Enter your preferred daily loss threshold
- Tap Confirm to save
3. Position Limit
The platform caps the total number of active contracts a user may hold simultaneously. Once the position limit is reached, new orders cannot be placed until existing contracts expire and are fully settled.
FAQ
Where do the funds for trading come from?
Event Futures contracts draw directly from your spot account balance. No manual fund transfer is required. Please ensure you have sufficient USDT in your spot wallet before placing an order.
Can I close or cancel a contract early?
No. Once an order is submitted, it cannot be cancelled or closed before expiration. Please carefully review your trade direction, investment amount, and all order details before tapping Confirm.
What happens if the price does not change?
If the settlement price is identical to the open price, the trade is considered a tie and your full investment amount will be refunded.
What happens if the price feed is interrupted?
If the index price feed is temporarily disrupted, new orders may be suspended during that period. Any affected open positions will be handled in accordance with the platform's standard exception handling procedures.
How do I view my order history?
Navigate to Events and select Order History to view a full record of all settled contracts, including open price, settlement price, trade direction, payout ratio, and profit and loss breakdown.
What is the minimum trade amount?
A minimum investment amount applies and varies by trading pair. The exact minimum for your selected pair is displayed on the order entry page before you confirm.
Risk Disclosure
Event Futures contracts are leveraged derivative financial products that carry a high level of risk. You may lose your entire investment on any individual contract. Past performance does not guarantee future results. Please trade responsibly and only use funds you can afford to lose entirely. Bitunix strongly recommends that all users configure a personal daily loss limit to maintain disciplined risk management.
Disclaimer
This article is not intended to provide
(I) investment advice or investment recommendations;
(Ii) an offer or solicitation to buy, sell or hold digital assets;
(Iii) Financial, accounting, legal or tax advice. Digital assets held (including stablecoins and NFTs) involve a high level of risk and may fluctuate significantly. You should carefully consider whether trading or holding digital assets is appropriate for you based on your financial situation. Please consult your legal/tax/investment professional for your specific situation. Please be responsible for understanding and complying with relevant local applicable laws and regulations.