What are Global HibtHub Event Contracts? – Global HibtHub Help Center

Global HibtHub Event Contracts allow traders to predict the outcome of specific cryptocurrency price events. Each contract represents a trader’s “yes” or “no” prediction for a given event. If the trader’s prediction is correct, they receive a payout; if the prediction is incorrect, they lose only the contract fee paid.

Currently, bullish and bearish event contracts for BTCUSDT are available on the Global HibtHub app and website. Tradable instruments may be adjusted from time to time based on trader interest and regulatory requirements.

How to Use Global HibtHub Event Contracts

Step 1 — Select the Asset

Step 2 — Set the expiry time

Choose the contract expiry you want: 5 minutes, 15 minutes, 30 minutes, or 60 minutes.

Step 3 — Enter the trade amount

Enter the amount you want to trade (minimum order amount is 2 USDT).

You will see a payout amount denominated in USDT, which represents the potential return for that event contract.

The amount required to open an event contract equals the trade amount and represents your potential loss.

Step 4 — Choose direction

Decide whether you expect the price index to be higher or lower at expiry:

select Call if you believe the price index will be higher at expiry; or
select Put if you believe the price index will be lower at expiry.

Step 5 — Review and confirm

Review the trade details and click Confirm to submit your trade.

Step 6 — Wait for the contract to expire

After submission, wait for the event contract to expire. You can monitor the candlestick chart for real-time updates.

Step 7 — View closed trades (after expiry)

After expiry, go to Closed to view results:

Open Price: the index price at the start of the trade.
Close Price: the index price at expiry.
Payout Ratio and PnL: your trade outcome.
Trade Time: tracks the trade start and expiry times.

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