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What is a "Cont" trading unit?
By: WEEX
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Dear WEEXers,
Cont is (different for each token) futures unit.
Cost per futures = (average opening price x futures face value) ÷ leverage
Based on the platform’s USDT-M futures calculation method, WEEX provides three futures unit ordering methods, Cont/Currency/USDT.
For example, if you open a position at 50,000 USDT for Bitcoin with 20x leverage:
1 Cont= (50000 x 0.001) ÷ 20 = 2.5 USDT (approximate value)
You can go to the futures page and click on the ellipsis icon in the top right corner. Then select [Calculator] to get the most accurate numbers.
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