Cryptocurrency (English: Cryptocurrency, also known as cryptographic currency or digital currency) is a medium of exchange that uses cryptographic principles to secure transactions and control the creation of transaction units. Cryptocurrencies are based on decentralized consensus mechanisms, which contrast with the centralized regulatory systems of traditional banking systems. This decentralized nature allows for peer-to-peer (C2C) transactions between individuals. However, people do not access their cryptocurrencies via physical wallets or bank accounts, but through unique cryptocurrency wallets or cryptocurrency trading platforms. Bitcoin is the first cryptocurrency created and the most famous, created in 2009 by an individual or group using the pseudonym Satoshi Nakamoto. Since then, thousands of cryptocurrencies with unique features and uses have emerged worldwide.
| Trading Products | BTCUSD.sg | ETHUSD.sg | LTCUSD.sg | BCHUSD.sg | XRPUSD.sg |
|---|---|---|---|---|---|
| Trading Hours (Beijing Time) | Monday 06:01 AM to Saturday 03:55 AM (Summer Time) Monday 07:01 AM to Saturday 04:55 AM (Winter Time) | ||||
| Settlement Time (Beijing Time) | Daily from 06:00 AM to 06:15 AM | ||||
| Unit | 1BTC | 1ETH | 1LTC | 1BCH | 1XRP |
| Minimum Price Movement | 0.01 | 0.0001 | |||
| Limit Distance | 5000 Pips | 1500 Pips | 150 Pips | 500 Pips | 150 Pips |
| Minimum Trade Volume | 0.01 | ||||
| Spread | 6000 Pips | 500 Pips | 80 Pips | 150 Pips | 110 Pips |
| Unit Fee | 50 USD/Standard Contract | ||||
| Base Margin | 6000 USD/Standard Contract (Increased margin to 15000 USD after market open) | 1200 USD/Standard Contract (Increased margin to 3000 USD after market open) | 600 USD/Standard Contract (Increased margin to 2000 USD after market open) | 300 USD/Standard Contract (Increased margin to 2000 USD after market open) | |
| Point Value | 0.05 USD per point | 0.1 USD per point | 1 USD per point | 0.1 USD per point | 0.1 USD per point |
| Inventory Fee Calculation | Buy per contract annual interest rate: -20% (Daily interest = Closing price × Trading volume × -20% / 360 × Point value) Sell per contract annual interest rate: -20% (Daily interest = Closing price × Trading volume × -20% / 360 × Point value) | ||||
High risk investment notice: Margin trading of currency pairs/contracts for differences carries high risks and is not suitable for all investors
Your loss may exceed your initial deposit. You do not own the target assets or have any equity. We suggest that you seek independent advice before trading. You should consider whether you are involved in our Target Market Determination (TMD) and read our Financial Services Guide (FSG), Product Disclosure Statement (PDS), Customer Agreement, Risk Disclosure, and other relevant legal documents published on our website to ensure that you fully understand the risks before making any trading decisions.
The information and advertisements provided on this website are not intended for investors other than residents of Vanuatu, nor are they suitable for use by anyone in any country or jurisdiction that violates local laws and regulations. The products and services provided on this website are not applicable to US residents.
Sun Long GMTK International (Company No. 40518) is a financial services company regulated by the Vanuatu Financial Services Commission (VFSC No. 40518). The registered address is 1/Floor, B & P House Kumul Highway, Port Vila, Vanuatu。
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