This manual explains Margin Trading based on a demo trading environment.
<Difference between the demo environment and actual environment>
- The funds of the demo account can be used only for demo transactions, and cannot be deposited or withdrawn.
- You cannot mine through demo trading.
- The only trading pair is "XBTC / XUSDT"
- In the demo environment, you cannot use XEX to pay for trading fees.
[How to Start Demo Trading on CROSS exchange]
① Log in to Demo Trading
② Click on ‘My Demo Account’
③Get demo coins as the currency for demo trading, or buy them with XEX
* You can apply for a fixed number of coins for trading demo coins once per day. You can purchase a small amount with XEX if you want more.
<How to get demo coins>
Demo Account Assets → Wallet Balance
・Two Demo Coin Currencies: XBTC、XUSDT
・Wallet → Navigate to XBTC or XUSDT → Click on “Apply for Coins”
Ex.）XUSDT：$10,000 will be reflected in your wallet.
<Free quantity of demo coins you can get in one day>
Name of Demo Coin
Available Amount per Application
※ Application for demo coins can be made once daily. If you need more coins, click on "Exchange XEX" and purchase more demo coins (XUSDT or XBTC) with your XEX.
＜How to Buy Demo Coins with XEX＞
・Wallet → Navigate to XBTC or XUSDT → Click on “Exchange XEX”
・Select a demo coin
・Enter the amount of demo coin → The required XEX quantity will automatically display
・Click “Exchange XEX”
・Name of Demo Coin：XUSDT
・Exchange Amount：50,000 XUSDT
・Amount of XEX needed for purchase：50 XEX
（Exchange Price：10,000 XUSDT＝10 XEX）
＜XEX Purchase Price Table＞
Name of Demo Coin
Amount Used (XEX)
④ Demo Account management
Once you get your demo coins, move funds from your ordinary account to the margin account as needed. (Fund Transfer)
Demo Account Assets (Ordinary Account) → Margin Account (Margin Trading Account) → Account Management
Account Management → click on "Transfer Funds"
・ Select transfer destination
・ Enter the transfer amount
・ Click "Transfer"
* Currently only XUSDT and XBTC are available.
Margin Trading allows for margin trading of up to 10 times leverage. By separating ordinary accounts and margin accounts, asset management can be performed efficiently.
・ The funds in the ordinary account cannot be used directly for margin trading (a transfer of funds is necessary)
・ The funds in the margin account can be moved to the ordinary account at any time.
Demo coins obtained by funds transfer can be checked with the account balance of the margin account "Account History" or trading platform.
It is now complete. You are now prepared to trade.
[How to use Margin Trading]
●Serviced Currencies: XBTC / XUSDT
●Leverage: Up to 10 times
Leverage ratio: You can select from 2 times, 4 times, 6 times, 8 times, and 10 times.
(For example, in the case of 10 times leverage, the position of 100 XUSDT can be taken with the margin balance of 10 XUSDT)
●About Buying and Selling
With Margin Trading you can place orders directly on the CROSS exchange trading board (without leverage). In the case of demo trading, real trading and margin trading use the same trade board.
※ Minimum trading volume: 0.001 XBTC
・ When Buying: Margin Buy
・ When Selling: Margin Sell
You will select.
●Order System: Limit Orders only
●Order Entry Items: 4 Items
<New Order Items ①②>
① Trade price (Limit order)
② Trade Quantity (BTC)
The user can also set in advance reverse settlement orders at the same time as new orders.
<Settlement Order Items ③④>
③ Profit Taking price (discretionary): Enter the settlement limit price for profit taking
④ Loss Cut price (discretionary): Enter settlement limit price for cutting losses
※ You can change the profit taking & loss cut price while the settlement order is not filled after the new order is placed.
※ You can cancel the order after the new order is placed and before it is completely filled.
●How to place orders with Margin Trading
<The Transaction Flow>
① A new order is placed (buy or sell)
② Order Execution (holding position)
③ Reverse Settlement Order (profit taking / loss cut order)
④ Settlement Order Execution (confirm profit / loss)
【How to Place an Order】
① Select Margin buy or sell
② Select a leverage ratio (2x, 4x, 6x, 8x, 10x)
③ Enter the trade price
④ Enter the trade quantity (BTC)
⑤ Enter profit taking price
⑥ Enter the loss cut price
(profit taking or loss cut prices are not required; one sided entry is permitted)
⑦ Click on the Buy or Sell BTC button
If you have enough funds in your margin account, then your order is complete. ← 1 to 7
<Commentary on a few Points >
・ You can set the "profit taking, loss cut price" of the opposite trade at the same time as the new order.
・ When a new order is filled, the profit-taking order in the opposite direction remains as is.
・ Loss cut orders are placed when the latest bid reaches the loss cut price. ←⑤⑥
・ The price of settlement orders can be changed afterwards.
<How to Calculate the Leverage Amount>
The amount of margin and borrowing fee (red frame) are calculated automatically when you enter "① leverage ratio, ② trade price, and ③ transaction quantity".
<Example of simultaneous entry of a new order and settlement order>
・ In the case of margin buying
① Transaction Price = New Buy Limit Order
② Profit taking price must be greater than the bid limit
③ Loss cut price must be smaller than the selling limit price, and
Enter a number smaller than the selling price offering the best conditions
・ In the case of margin selling
① Transaction Price = New Sell Limit Order
② Profit taking price must be smaller than the limit price
③ Loss cut price must be larger than the bid limit, and
Enter a number greater than the bid price offering the best conditions
<Order confirmation method>
Once the order is complete, it will be displayed on the same trading board as with other real trades.
Orders prior to settlement are listed in "Open Orders" and will be displayed in "Filled Orders" when settlement is complete.