Dear CoinEx users,
BCH halving is coming! Since the current trading market is positive and growing, CoinEx is planning to hold the following event to celebrate BCH halving.
16:00 January 17 - 15:59 February 14 (UTC)
During the event, all BCH-related margin trading can enjoy free borrowing. Interest will be calculated by CoinEx as usual but returned to users’ accounts after the event.
User A borrowed 3 BTC in BCH/BTC margin trading pair on January 18 and the daily interest rate was 0.01% at that time. User A returned the borrowing on January 27 so the interest calculation for 10 days is 3*0.01%*10=0.0003 BTC, which will be deducted by CoinEx first and returned to user A’s account within 5 working days on February 14 after the event.
Trading pairs included:
BCH as pricing coin: BSV/BCH, EOS/BCH, LTC/BCH, ETH/BCH
BCH as trading coin: BCH/BTC, BCH/USDT
1. Interest of borrowing beyond the event duration will be calculated. Example: User A had a borrowing on January 18 but returned on February 15, which goes beyond the event duration for 1 day. Therefore, interest on that day will be deducted and not returned by CoinEx.
2. Interest returning: Interest calculated during the free borrowing will be returned within 5 working days after the event.
3. The sub-account is not allowed to participate in this event.
Thank you for your support to CoinEx!
January 18, 2020