When closing a position, if the user's balance deducting trading fee is bigger than the face value of the contract voucher, the profits will be automatically transferred to the user's trading account If the balance is smaller than face value, OKX will recover all the remaining costs, and users will not bear any losses.Benefits of a contract voucher Users can open a perpetual contract position without spending their own funds Easy to learn and use Profits are withdrawable after the closing of a positionWhere

The parties shall bear their own attorneys’ fees and costs of arbitration unless otherwise ordered by the arbitrator. The Parties shall split the ACICA arbitrator fees and expenses equally. The ACICA Arbitration Rules, as modified by this Agreement, shall apply and the arbitration shall be conducted in English.

Comparison: Traditional Bank Accounts vs Web3 Wallets Category Traditional Bank Account Web3 Wallet Password recovery Reset by the bank Only recoverable via seed phrase or private key Asset control Custodied by the bank Fully controlled by the user Risk responsibility Partial compensation may apply User bears full responsibility Important Notes on Backing Up Seed Phrases and Private Keys To ensure the safety of your assets, please follow these best practices when backing up your seed phrase or private

Traded crypto since 2015 and experienced many bear & bull markets.135%+ PnL in stocks. Increased crypto from 1k to 50k USDT. Trading style: Mostly trade mainstream crypto, like BTC & ETH. Mostly day trading & medium-term. Suggest copying >1 month with a maximum total amount of 500+ USDT. Avoid high leverage.

The parties shall bear their own attorneys’ fees and costs of arbitration unless otherwise ordered by the arbitrator. The parties shall share the JAMS arbitrator fees and expenses equally. The JAMS arbitration will be governed by the JAMS Comprehensive Arbitration Rules & Procedures, as modified by this Agreement.