Membership level depends on users' trading volume on Deepcoin, users may feel confused that how much trading volume they have achieved and how to calculate trading volume. In this article, we will explain the calculation formula in detail.
■Formula for calculating trading volume in each trading mode
1. Spot Trading
Trading volume of Spot trading = Principal
2. Contract Trading
1) Trading volume of USDT Perpetual Pro
a. Entry by contract: Trading volume= Contract Face Value * Contract Volume * Filled Price
b. Entry by cryptocurrency: Trading volume= Number of Cryptocurrency * Filled Price
2) Trading volume of Inverse Perpetual Contract = Contract Face Value * Contract Volume / Filled Price
Face value is the currency value of each contract. To know the face value of each contract, please refer to here.
For example, users trade BTC/USDT contract by USDT perpetual contract. If the user ordered 10 contracts at a price of 55,000 USDT, since 1 Cont=0.001BTC, trading volume = 10 * 0.001* 55000=550USDT. If the user closes the position it will also adds up to the trading volume.
3. Options
Trading volume of Options = Principal * 30
Deepcoin Team
Comments
0 comments
Article is closed for comments.