CoinVEX Futures Trading User Agreement

 

1.1 This Futures Trading User Agreement (hereinafter referred to as the “Agreement”) is entered into by you (hereinafter referred to as the “User” or “You”) and CoinVEX (hereinafter referred to as the “Platform” or “We”) to define the rights and obligations related to your use of the futures trading services provided by CoinVEX.

1.2 Before using the futures trading services offered by this platform, you should carefully read and fully understand all terms of this Agreement and ensure that you have a complete understanding of the nature, risks, and rules of futures trading.

1.3 By registering as a CoinVEX user or using CoinVEX’s futures trading services, you acknowledge and agree to be bound by this Agreement.

 

 

2.1 High Risk Involved: Futures trading involves high leverage and substantial market risks, including price volatility, which may result in partial or total loss of your funds.

2.2 Trading Responsibility: You are fully responsible for all transactions and non-transaction activities in your CoinVEXaccount and should not engage in trading or investment beyond your financial capability.

2.3 Self-Assumed Risks: As a futures trader, you acknowledge and agree that you fully assume all risks associated with accessing and using the futures trading services, including but not limited to market fluctuations, liquidity risks, liquidation risks, and system failures.

2.4 Margin Requirements: You must ensure that your CoinVEXmargin account maintains sufficient funds at all times to meet the minimum maintenance margin requirements for futures trading. Insufficient margin may result in partial or full liquidation of your positions by the system.

2.5 Accuracy of Account Information: You are solely responsible for ensuring the accuracy of trading information and for making your own trading decisions. Even if CoinVEX’s system displays incorrect information due to technical or system issues, you remain responsible for the results of your transactions.

2.6 System Maintenance and Unexpected Events: During system maintenance, you acknowledge that you bear full responsibility for managing your margin account, including but not limited to closing positions and risk management. CoinVEX is not liable for delays, suspensions, or execution deviations caused by network delays, system failures, or other force majeure events.

2.7 Independent Decision-Making: Users should make independent investment decisions and fully understand the potential risks and returns associated with futures trading. CoinVEX is not responsible for users’ trading losses resulting from a lack of knowledge, poor decision-making, or misunderstanding of asset usage risks.

 

 

3.1 Before using CoinVEX’s futures trading services, users must complete account registration and identity verification as required by the platform.

3.2 Users must ensure that their account information is truthful and accurate and take full responsibility for all transactions and operations performed under their accounts.

3.3 Users are responsible for safeguarding their account credentials. CoinVEX is not liable for any loss resulting from the user’s negligence in securing account information or passwords.

 

 

4.1 Leverage and Margin: Users must comply with CoinVEX’s trading rules regarding leverage ratios, initial margin requirements, and maintenance margin requirements.

4.2 Forced Liquidation: If the available margin in a user’s account falls below the minimum maintenance margin requirement, CoinVEX reserves the right to forcibly liquidate some or all of the user’s positions to prevent further losses.

4.3 Trading Fees and Settlement: Users are required to pay applicable trading fees and funding rates as per CoinVEX’s official announcements. The platform reserves the right to update settlement rules, and users should remain informed about them.

4.4 Trading Responsibility: Users must ensure that all transactions in their accounts are conducted by themselves and bear full responsibility for their trading activities.

 

 

5.1 Platform Intervention: To manage market risks, CoinVEX reserves the right to take necessary measures, including but not limited to adjusting leverage limits, increasing margin requirements, restricting new positions, or forcibly liquidating open positions.

5.2 Handling Abnormal Transactions: In the event of market anomalies, system failures, or other abnormal conditions, CoinVEXmay temporarily suspend part or all of its futures trading services and take necessary actions to mitigate risks.

5.3 Risk Control Measures: Users acknowledge and agree that CoinVEX may take actions to manage risks on their behalf, including but not limited to:

• Transferring funds between users’ margin accounts and trading accounts to maintain position stability.

• Implementing risk control mechanisms to mitigate potential financial losses.

 

 

6.1 Service Adjustments: CoinVEX reserves the right to suspend or terminate futures trading services at any time due to regulatory requirements, market conditions, or other uncontrollable factors.

6.2 User Violations: If a user violates this Agreement or engages in illegal or fraudulent trading activities, CoinVEX has the right to suspend or terminate the user’s futures trading privileges and take further legal actions if necessary.

 

 

7.1 This Agreement is governed by the laws of CoinVEX’s registered jurisdiction.

7.2 Any disputes arising from or related to this Agreement shall first be resolved through friendly negotiations. If an amicable resolution is not reached, either party may file a lawsuit in the competent court of CoinVEXs registered jurisdiction.

 

 

8.1 This Agreement includes, but is not limited to, the above terms and any rules, announcements, or additional agreements published by CoinVEX.

8.2 CoinVEX reserves the right to amend or supplement this Agreement at any time. The updated Agreement will be published on the platform, and continued use of CoinVEX’s services constitutes acceptance of the revised Agreement.

8.3 Users must fully read and understand this Agreement and acknowledge all associated risks before engaging in futures trading on CoinVEX.