Frequently Asked Questions
1. What are Maker and Taker?
Maker (Limit Order Execution)
Maker refers to a trading method where users set a target price when placing an order.
The order will not be immediately matched with existing orders in the order book. Instead, it will be recorded in the order list and wait for a counterparty order to appear and complete the transaction.
Taker (Market Order Execution)
Taker refers to a trading method where the price set by the user can directly match existing orders in the order book.
After the order is submitted, it will be immediately matched and executed.
2. Contract Trading Fee Calculation Formula
I. Contract Trading Fee
Contract trading fees refer to the fees charged by the platform based on the transaction amount when users open or close positions.
Contract Trading Fee = Trading Amount × Fee Rate
Where:
- Trading Amount = Contract Quantity × Contract Value × Execution Price
- Fee Rate = Maker / Taker fee rate specified by the platform
Example:
Assume you buy 1 contract, the contract value is 1, the contract price is $100, and the fee rate is 0.1%.
-
Contract Trading Amount:
= 1 × 1 × $100
= $100 -
Trading Fee:
= $100 × 0.1%
= $0.10
II. Leverage Effect
If you use leverage for trading, the trading fee is calculated based on the actual trading amount, not the amount of funds you actually invest.
Taking 10x leverage as an example:
Your actual invested funds are $10, but the trading fee is calculated based on the $100 trading amount after leverage is applied.
Therefore, the trading fee you pay may appear relatively high because it is calculated based on the total trading value after leverage.
3. What Is Funding Rate and How Is Funding Rate Calculated?
Funding rate refers to the exchange of funding fees between long and short position holders in contract trading.
The calculation of the funding rate is usually based on the difference between the contract price and the spot market price.
- A positive funding rate means long position holders pay funding fees to short position holders.
- A negative funding rate means short position holders pay funding fees to long position holders.
The funding rate is generally calculated and paid every 8 hours.
4. Cross Margin Mode and Isolated Margin Mode
Cross Margin Mode
Cross Margin Mode refers to a mode where all funds in the user's account are used as margin to support all positions in the account.
If one position incurs losses, other available funds in the account can be used to avoid forced liquidation.
This mode is suitable for multi-position risk management and allows the total account funds to absorb losses from individual positions.
Isolated Margin Mode
Isolated Margin Mode refers to a mode where each position has its own independently allocated margin.
Losses are limited to the margin allocated to that specific position.
If a position is forcibly liquidated, it will not affect other positions in the account.
This mode allows users to better control the risk of individual positions.
5. Differences Between Splitting and Combining Positions in Cross Margin and Isolated Margin Modes
I. Differences Between Splitting and Combining Positions in Cross Margin Mode
Cross Margin Position Splitting
Under Cross Margin Mode, users allocate the total account funds to multiple positions, but these positions share the same margin pool.
Cross Margin Position Combining
All positions share the same margin pool.
Profits and losses can offset each other, making this mode suitable for overall risk management.
II. Differences Between Splitting and Combining Positions in Isolated Margin Mode
Isolated Margin Position Splitting
Each position has independent margin allocation.
Losses are limited to the margin of that specific position and will not affect other positions.
Isolated Margin Position Combining
Each position still maintains independent margin allocation, but all positions are managed within one unified account system, making overall monitoring and management easier.
6. Market Order and Limit Order
I. Market Order
Definition:
A Market Order refers to an order where the user does not set a price when placing the order.
The system will execute the order immediately based on the current best available market price.
Features:
✅ Fast execution:
Transactions can usually be completed almost immediately.
❌ Execution price cannot be controlled:
Price slippage may occur (meaning the actual execution price may differ slightly from the expected price).
Applicable Scenarios:
Suitable for situations where users need to complete transactions quickly, such as wanting to immediately buy or sell without caring about small price fluctuations.
II. Limit Order
Definition:
A Limit Order refers to an order where the user sets a specific buying or selling price when placing the order.
The order will only be executed when the market price reaches or is better than the specified price.
Features:
✅ Precise price control:
Users can accurately control the buying or selling price.
❌ Execution is not guaranteed immediately:
The order may need to wait until the market price meets the conditions.
Applicable Scenarios:
Suitable for users who want to execute trades at a specific price, especially during periods of high market volatility when they may not want to accept risks caused by current price fluctuations.
7. Market Take Profit & Stop Loss and Limit Take Profit & Stop Loss
I. Market Take Profit & Stop Loss
Definition:
Market Take Profit & Stop Loss refers to a method where, when the market price reaches the preset take profit or stop loss price, the system immediately executes the take profit or stop loss order at the market price.
Take Profit:
When the market price reaches the preset take profit price, the system automatically sells the asset to lock in profits.
Stop Loss:
When the market price reaches the preset stop loss price, the system automatically sells the asset to limit losses.
Features:
✅ Immediate execution:
Once triggered, the system will execute the order immediately at the current best available market price.
❌ Execution price cannot be controlled:
Due to market price fluctuations, slippage may occur (meaning the actual execution price may differ from the expected price).
Example:
Assume you buy Bitcoin at $1,000 and set:
- Stop Loss: $950
- Take Profit: $1,100
Stop Loss:
If the market price falls to $950, the system will sell Bitcoin at the best available market price to prevent further losses.
Take Profit:
If the market price rises to $1,100, the system will sell Bitcoin at the best available market price to lock in profits.
II. Limit Take Profit & Stop Loss
Definition:
Limit Take Profit & Stop Loss refers to a method where, when the market price reaches the preset take profit or stop loss price, the system executes the take profit or stop loss operation according to the preset limit price.
In other words, the transaction will be executed at the specified price or a better price.
Take Profit:
When the market price reaches or exceeds the take profit price, the system will sell the asset at the preset limit price to lock in profits.
Stop Loss:
When the market price reaches or falls below the stop loss price, the system will sell the asset at the preset limit price to limit losses.
Features:
✅ Execution price can be controlled:
Users can specify the price range for take profit and stop loss execution.
❌ May not be executed immediately:
If the market price does not reach the preset limit price, the order may remain pending until market conditions are met.
Example:
Assume you buy Bitcoin at $1,000, set:
- Stop Loss: $950
- Take Profit: $1,100
and choose Limit Take Profit & Stop Loss.
Stop Loss:
If the market price falls to $950, the system will sell Bitcoin according to your preset limit price (such as $950 or a higher price).
If the market price continues to fall, the order may not be executed immediately.
Take Profit:
If the market price rises to $1,100, the system will sell Bitcoin according to your preset limit price (such as $1,100 or a lower price) to ensure that profits are locked in at $1,100.
Summary:
- Market Take Profit & Stop Loss is suitable for traders who want fast execution and do not care about price fluctuations.
- Limit Take Profit & Stop Loss is suitable for traders who want price control and are willing to wait patiently until market conditions are reached.
8. Trailing Take Profit & Stop Loss
Trailing Take Profit & Stop Loss is a take profit/stop loss method that automatically adjusts according to favorable market price movements.
When the price moves in a profitable direction, the take profit or stop loss price will move accordingly. When the price moves in the opposite direction, the take profit/stop loss price will not move backward.
This helps lock in profits and control risks.
I. Trailing Stop Loss
Purpose:
When the market is rising (long position) or falling (short position), the system automatically increases or decreases the stop loss price to prevent profits from being lost.
Example (Long Position):
You buy BTC at $1,000
Set the trailing stop loss distance to 5%
Price Movement:
BTC rises to $1,050
→ The stop loss automatically moves up to $997.5
BTC rises to $1,100
→ The stop loss continues moving up to $1,045
If BTC subsequently falls and breaks below $1,045
→ The system automatically sells the position
✅ Result:
Even if the market retraces, you can still lock in the profits already obtained.
II. Trailing Take Profit
Purpose:
When the price continues moving in a favorable direction, trailing take profit does not set a fixed take profit point in advance.
Instead, it allows profits to continue growing and automatically takes profit when the trend reverses.
Example (Long Position):
You buy BTC at $1,000
Set a 5% retracement trigger for take profit
Price Movement:
BTC rises to $1,200
If the price then retraces by 5% (falls to approximately $1,140)
→ The system automatically executes take profit and sells the position.
✅ Result:
You can capture a larger market movement instead of taking profit too early.
III. Features of Trailing Take Profit & Stop Loss
Advantages:
✅ Automatically locks in profits and reduces the impact of emotional trading decisions
✅ Suitable for trending markets
✅ No need to constantly monitor the market
Notes:
⚠ If the retracement percentage is set too small, the position may be closed too early due to normal market fluctuations.
⚠ If the retracement percentage is set too large, the profit protection effect will become weaker.
9. Explanation of Contract Margin and Maintenance Margin (Including Calculation Methods)
I. Contract Margin (Initial Margin)
Contract Margin (Initial Margin) refers to the minimum amount of funds required when opening a position.
It is the capital required to establish a contract position based on the amount of principal and leverage used.
Calculation Formula:
Contract Margin = Opening Price × Contract Quantity ÷ Leverage
Position Margin = Opening Margin (does not change with price fluctuations)
II. Maintenance Margin
Maintenance Margin refers to the minimum margin level that must be maintained during the holding period of a position.
If the account margin is lower than the maintenance margin requirement, the system will trigger forced liquidation.
Calculation Formula:
Maintenance Margin = Position Value × Maintenance Margin Rate
⚠ Different cryptocurrencies and leverage levels correspond to different maintenance margin rates.
For detailed information about ASTX perpetual contract maintenance margin rates, please click the link below:
https://support.astx.io/hc/zh-cn/categories/14529551389583
III. Risk Warning
- Contract trading involves high risks. Please use leverage reasonably.
- High leverage can amplify profits as well as losses.
- It is recommended to set take profit and stop loss orders and manage positions properly.
10. Reasons for Position Liquidation and Examples
I. What Is Liquidation?
Liquidation refers to a situation where, during trading, market fluctuations cause the account margin to become insufficient and unable to maintain the current position.
To protect the interests of the trading platform and other users, the platform will automatically force close the position (liquidation), clear all losses, and prevent the account from becoming negative.
II. Reasons for Liquidation
1. Excessive Leverage
High leverage can amplify investment returns, but it also amplifies losses.
If you use excessive leverage and the market moves against your expected direction, losses will increase rapidly, eventually causing insufficient account margin and triggering liquidation.
2. Severe Market Volatility
Severe market price fluctuations, especially during news events, major policy announcements, or other unpredictable factors, may cause prices to move rapidly in the opposite direction.
This can result in position losses exceeding the available margin.
3. Insufficient Margin
If your account funds are insufficient to maintain the margin requirements when opening a position, forced liquidation may occur due to the inability to add additional margin, even if market fluctuations are not significant.
4. Failure to Set Stop Loss
Without setting stop loss orders, losses may continue to expand.
If the market trend moves against your position and there is no stop loss protection, losses will continue increasing and eventually trigger liquidation.
5. Excessive Position Size
Opening too many positions or allocating too much capital to a single position may result in being unable to withstand even small market fluctuations, eventually leading to liquidation.
10. Reasons for Position Liquidation and Examples (Continued)
III. Liquidation Examples
Example 1: Liquidation Caused by High Leverage
Assume you use 100x leverage to buy 1 BTC, and the current BTC price is $10,000.
Opening Position Value:
1 BTC × $10,000 = $10,000
Using 100x leverage, you only need to provide:
$100 as margin.
If the BTC price falls to $9,900, your loss will be:
$100
When the loss rate reaches 100%, the platform will force liquidate the position to ensure that the account will not incur debt.
Example 2: Liquidation Caused by Failure to Set Stop Loss
You purchase ETH worth $10,000 and do not set a stop loss.
The ETH price drops by 5%, but you do not take action in time.
The loss increases to 10%.
When the account margin can no longer maintain the position, the platform will automatically close the position.
Because no stop loss was set, the loss could not be controlled, eventually resulting in liquidation.
IV. How to Avoid Liquidation?
1. Use Leverage Reasonably
Choose leverage according to your personal risk tolerance.
Do not use excessive leverage.
2. Set Stop Loss Orders
Set reasonable stop loss orders and stop losses in time to prevent losses from expanding.
3. Monitor Account Balance
Maintain sufficient margin and add margin in time to prevent liquidation caused by market fluctuations.
4. Diversify Risks
Do not invest all funds into a single position.
Allocate funds reasonably and avoid oversized positions.
5. Maintain Risk Awareness
Always pay attention to market conditions and avoid large-scale losses caused by market fluctuations or personal operational mistakes.
11. Account Login Password Reset Process
Step 1:
Open the ASTX APP, click the “Login” button, and then click “Forgot Password”.
Step 2:
Enter the registered email address or mobile phone number, then click “Next” to submit the request.
Step 3:
Drag the slider to complete the security verification (puzzle verification).
Step 4:
Re-enter the new password, then click “Send Verification Code”.
Check the verification code sent to your email or mobile phone.
Enter the verification code and click “Confirm” to complete the operation.
Beginner Tutorial
1. What Is a Perpetual Contract?
A Perpetual Contract is a type of contract product widely used in the cryptocurrency and derivatives markets.
Unlike traditional futures contracts, perpetual contracts do not have an expiration date or delivery date. Users can continuously hold positions until they manually close the position or the system forcibly liquidates the position.
The core features include:
1. No Expiration Date
Perpetual contracts do not expire.
Traders do not need to worry about contract expiration or rollover operations and can hold positions for a long time.
2. Price Closely Follows the Spot Market
The price of perpetual contracts generally remains close to the price of the underlying asset (such as BTC, ETH, etc.).
When the contract price deviates from the spot price, the funding rate mechanism will guide the price back toward the spot price.
3. Supports Leverage Trading
Perpetual contracts support high-leverage trading, allowing users to control larger positions with less capital, thereby amplifying both potential profits and risks.
4. Flexible Risk Management
Users can set strategies such as take profit and stop loss to manage risks.
Since perpetual contracts involve leverage, proper fund management is especially important to avoid forced liquidation caused by excessive market fluctuations.
2. Position Mode Explanation
Cross Margin Mode
Under Cross Margin Mode, all positions in the account share the same margin pool.
If the loss of one position continues to increase, it may use the available margin of other positions in the account. In severe cases, all positions may face the risk of liquidation at the same time.
Features:
• Shared risk
• Profits and losses affect each other
• Losses from a single position may impact the entire account
Isolated Margin Mode
Under Isolated Margin Mode, the margin of each position is calculated independently.
Even if a position reaches the liquidation level due to losses, only that specific position will be affected, and other positions in the account will not be affected.
Features:
• Each position independently bears its own risk
• Does not affect the funds of the entire account
• Suitable for stricter risk control
3. Opening Position Methods
1. Opening by Position Value
This method uses the total position value as the basis and calculates the required margin according to the selected leverage.
Example:
• Position value: 20,000 USDT
• Leverage: 200x
⇒ Required Margin = 20,000 ÷ 200 = 100 USDT
Price increase → Profits are amplified
Price decrease → Losses are also amplified
2. U-Margined Opening
Uses USDT (or other stablecoins) as the margin and settlement currency.
Example:
• Use 1,000 USDT as margin
• Open a BTC perpetual contract with 10x leverage
Both profits and losses are calculated in USDT, and margin is also paid in USDT.
This method is suitable for users who prefer stablecoin-based asset management.
4. Order Methods Explanation
1. Market Order
Executes trades at the current market price, prioritizing execution speed.
Advantages:
• Fast execution
• High probability of execution
• No need to set a price
Disadvantages:
• The actual execution price is determined by market conditions and cannot be controlled
2. Limit Order
Users set their own execution price, and the order will only be matched when the market reaches the specified price.
Advantages:
• Better price control, allowing users to buy or sell at their target price
• More suitable for precise trading strategies
Disadvantages:
• If the market price does not reach the set price, the order may not be executed
3. Trigger Order
An actual order will only be automatically created after the market reaches the trigger price.
Instructions:
• Users need to set:
- Trigger Price
- Order Price
• Before the trigger condition is reached, no margin will be occupied.
• If there is insufficient margin when the trigger condition is reached, the order will be automatically cancelled.
Applicable Scenarios:
Trigger Orders are suitable for automated trading scenarios such as:
• Breakout strategies
• Reversal strategies
• Other conditional trading scenarios
ASTX User Registration Tutorial
1. Open the ASTX APP and click “Log In / Register” on the homepage.
2. Select a registration method:
Email Registration or Mobile Phone Registration
• If you register using a mobile phone number, please select your country/region.
• Enter your email address or mobile phone number, agree to the platform’s Terms of Service, and click “Next”.
• The invitation code is optional and not required.
3. Drag the slider to complete the security verification (puzzle verification).
4. Set your account password:
• Password length: 8–20 characters
• Must contain numbers, letters, and symbols
5. Obtain the verification code and enter the received code, then click “Next” to complete registration.
Invite Friends Tutorial
1. Log in to the official ASTX APP.
2. Click “Invite Friends” on the homepage.
3. Enter the “My Invitations” page.
4. Users can invite new users to register through the following methods:
• Share invitation code
• Share invitation link
• Scan invitation QR code
Enable Google Authenticator (2FA) to Protect Account Security
To improve account security, it is recommended to enable Google Authenticator Two-Factor Authentication (2FA).
After activation, when logging in, withdrawing funds, or performing important security operations, the system will require a 6-digit dynamic verification code to protect your account and assets.
① Download and Install the Authenticator
If you have not installed it yet, please download:
- Android: Open Google Play → Search for Google Authenticator → Install
- iPhone: Open App Store → Search for Google Authenticator → Install
After installation, open the app.
② Add and Bind Your Account
Log in to ASTX → Go to 【Security Center】 → Click 【Continue】 → Obtain the Secret Key
Open Google Authenticator → Click the “+” button in the bottom-right corner → Select 【Enter a Setup Key】
In the input field:
• Paste the Secret Key
• Account name can be entered as: ASTX
After completion, click 【Add】 to finish binding.
③ Complete Security Verification
Return to ASTX and enter the following information to complete verification:
- Mobile phone / email verification code
- Google Authenticator 6-digit dynamic verification code
- Click 【Confirm Binding】 to complete the setup
⚠️ Security Tips
• Verification codes refresh every 30 seconds, please enter them promptly.
• If verification fails, please check whether your phone time is automatically synchronized.
• Before changing your phone, please unbind or migrate your authenticator first.
• Never share verification codes or Secret Keys with anyone.
Guide to Deposit, Withdrawal, and Transfer Operations
I. On-Chain Deposit
1. Open the ASTX APP homepage and click “Deposit”, or go to the Assets page → Deposit.
2. On the Deposit page, select the cryptocurrency you want to deposit (for example, USDT) and choose the corresponding blockchain network.
3. Click “Copy Address” or “Save QR Code”.
4. Enter the address or scan the QR code in another wallet to complete the deposit.
Notes:
• Please carefully verify the deposit network and address to ensure the information is correct. Incorrect information may result in unrecoverable funds.
• On-chain deposits require a certain confirmation time. Please wait patiently for blockchain confirmations.
II. On-Chain Withdrawal
Notice:
Before withdrawing funds on-chain, you need to transfer funds to the Spot Account first.
1. Enter the Assets page and select → Withdrawal.
2. Select the withdrawal cryptocurrency (such as USDT) and the corresponding blockchain network.
3. Enter the withdrawal address and withdrawal amount.
4. Enter the verification code for identity verification.
5. After confirming that all information is correct, click “Withdraw” to complete the operation.
Notes:
• Once a withdrawal request is submitted, it cannot be cancelled. Please carefully verify the withdrawal address and network.
• Withdrawal may incur network fees, which are charged according to the actual blockchain network conditions.
III. Account Transfer
1. On the Assets → Spot page, click Transfer.
2. Select the transfer-out and receiving account types (such as Contract Account, Spot Account, or Funding Account).
3. Enter the transfer amount.
4. After confirming that the information is correct, click Confirm to complete the transfer.
Description:
• Internal transfers within the platform do not require blockchain confirmation, and funds will arrive instantly.
• Transfers do not incur additional fees.
Perpetual Contract Copy Trading Guide
1. Start Copy Trading
Steps:
Open the ASTX platform and click “Copy Trading” in the navigation bar to enter the Perpetual Contract Copy Trading page.
Browse the list of available traders to follow, select your target trader, and click the “Copy” button to enter the copy trading settings page.
You can also click the trader’s profile card to view their historical trading data and detailed information.
Set copy trading parameters, including:
- Copy trading mode
- Contract type
- Leverage multiplier
- Take profit ratio and stop loss ratio
- Maximum follow-up risk parameters (optional)
After confirming that all settings are correct, click “Confirm Copy Trading” to start copy trading.
Notes:
- A trader’s historical performance does not represent future returns.
- Perpetual contract trading involves leverage risks. Please carefully evaluate investment risks.
2. Modify Copy Trading Settings
Go to:
“My Copy Trading → My Traders”
to enter the copy trading homepage.
View the list of traders you are currently following.
Click “Edit Copy Trading Parameters” to modify parameters such as:
- Take profit and stop loss
- Leverage
- Copy trading ratio
3. View Copy Trading
Current Copy Trading Positions:
You can view them in real time through:
“Copy Trading Homepage → Current Copy Trading”
Closed Copy Trading Positions:
View historical records through:
“Copy Trading Homepage → My Copy Trading → Historical Copy Trading”
4. Set Take Profit and Stop Loss
On:
“Copy Trading Homepage → Current Copy Trading”
select the order for which you want to set take profit and stop loss.
Click Take Profit / Stop Loss Price and configure the settings.
When the market price reaches the take profit or stop loss trigger price, the position will automatically be closed at market price.
5. Manual Position Closing
Go to:
“Copy Trading Homepage → Current Copy Trading”
Click the “Close Position” button to manually close the position.
The corresponding position will be closed at market price.
6. Cancel Copy Trading
If you want to stop following a trader:
Go to:
“Copy Trading Homepage → My Traders”
Select the target trader and click “Cancel Follow”.
Notes:
After cancelling copy trading, the positions that have already been copied will not be closed immediately.
They will continue to follow the trader’s operations.
You can also choose to manually close the positions yourself.
ASTX Fee Rate Explanation
1. ASTX USDT Withdrawal Fees for Different Networks
Dear ASTX Users,
To optimize your asset management experience, ASTX supports USDT deposits and withdrawals through the following three networks:
- BEP20
- TRC20
- ERC20
The withdrawal fee and minimum withdrawal amount rules are announced as follows:
Withdrawal Network Fees and Minimum Withdrawal Amount
| Network Type | Fee Per Transaction | Minimum Withdrawal Amount |
|---|---|---|
| TRC20 | 1.5 USDT | 10 USDT |
| ERC20 | 3.5 USDT | 10 USDT |
| BEP20 | 0 USDT | 10 USDT |
Friendly Reminder
- When withdrawing funds, please pay attention to the selected network and corresponding fees, and plan your withdrawal operations reasonably.
- It is recommended to choose the most suitable network according to your personal needs to save on transaction fees.
- If you have any questions or need assistance, please feel free to contact the ASTX customer service team. We will provide you with professional support.
Thank you for your trust and support of ASTX!
2. KYC Verification and Daily Withdrawal Limit Explanation
Dear ASTX Users,
To improve platform security, protect user assets, and meet compliance requirements, ASTX provides the following explanation regarding KYC verification and daily withdrawal limits:
1. Users Who Have Not Completed KYC Identity Verification
• Users who have not completed identity verification have a maximum daily withdrawal limit of 200,000 USDT.
• Higher withdrawal limits cannot be requested.
2. Users Who Have Completed KYC Identity Verification
• Users who have completed identity verification and facial verification have a maximum daily withdrawal limit of 1,000,000 USDT.
Friendly Reminder
-
Security:
Identity verification is an important measure to protect account security. Completing KYC verification provides higher security protection for your account. -
Compliance:
ASTX is committed to complying with relevant global regulations and compliance requirements. The real-name verification system aims to create a safe and transparent trading environment. -
Operation Recommendation:
Users who have not completed identity verification are encouraged to complete the verification as soon as possible in order to enjoy higher daily withdrawal limits and stronger account protection.
ASTX will continue to provide users with secure, compliant digital asset trading services.
3. Explanation of ASTX Spot Trading Fees
Dear ASTX Users,
To clarify the ASTX spot trading fee standards, the announcement is as follows:
Starting from 00:00 on December 5, 2025 (UTC+8), all spot trading pairs on the ASTX platform will uniformly apply a 0.1% trading fee rate.
When users conduct spot trading on the ASTX platform, the system will charge a trading fee of 0.1% of the transaction amount.
This fee standard applies to all spot trading pairs on the platform.
If fee rates need to be adjusted in the future due to changes in market conditions, operational strategies, or risk management requirements, ASTX will issue a separate official announcement.
Users are advised to pay attention to the latest platform announcements.
ASTX is committed to providing users with a secure, stable, and transparent digital asset trading environment while continuously improving product and service experiences.
If you have any questions during use, please feel free to contact ASTX official online customer service.
Thank you for your support and trust!
ASTX Team
December 5, 2025
ASTX Risk Control Terms
ASTX Announcement on Risk Control Standards for Abnormal Trading Activities
To maintain the fairness, stability, and security of platform trading, ASTX has established the following identification standards and handling rules for abnormal trading activities that may disrupt market order or harm the interests of the platform and users.
All users must strictly comply with the contents of this announcement when using the platform’s trading services.
I. Abnormal Trading Activities Identified by the Platform
The following situations will be regarded as abnormal or prohibited trading activities:
1. Excessively Frequent Trading Activities
If a single user performs 50 or more opening position operations within a single trading day, and the frequency clearly exceeds normal trading needs, it will be considered as suspected abnormal trading.
2. Self-Trading Activities
Users conduct buy and sell transactions through their own accounts or related accounts to intentionally match orders between affiliated parties.
3. Excessive Combined Positions Among Related Accounts
Accounts identified by the platform’s risk control system as related accounts have total positions exceeding the maximum position limit specified by the platform.
4. Manipulating Prices Through Related Accounts
Related accounts interfere with market prices through methods such as self-trading or coordinated transactions, artificially influencing market movements.
5. Unauthorized or Account Theft Activities
Using another person’s account or password without authorization to conduct transactions, or transferring funds through related accounts.
6. Wash Trading and Creating False Trading Volume
Using multiple accounts to frequently place and execute orders in order to create false market activity or obtain incentive rewards through artificial trading volume.
7. Illegal Quantitative Trading and Fraudulent Arbitrage
Using non-compliant strategies or algorithms to bypass platform rules, or conducting prohibited arbitrage activities across multiple platforms.
8. Abnormal AB Position or Hedging Position Opening Patterns
Different accounts intentionally establish opposite positions to create abnormal trading data or avoid risk control reviews.
9. Illegal High-Frequency Trading Activities
Using automated systems to execute a large number of trades within an extremely short period of time, disrupting normal market order.
10. Abnormally Similar Trading Activities
Related accounts show highly consistent trading directions, timing, and prices, forming abnormal synchronized trading patterns.
11. Unauthorized Proxy Trading
Operating another person’s account without authorization or conducting transactions using another person’s account identity.
12. Abnormal Ultra-Short-Term Trading (≤3 Minutes)
Frequently opening positions and quickly closing them within 3 minutes, affecting the stability of the trading system.
13. Market Manipulation or Malicious Activities
Using false information, fake orders, or other methods to manipulate prices or mislead the market.
14. Exploiting Technical Vulnerabilities to Harm the Platform or Users
Using system vulnerabilities or rule loopholes to obtain improper benefits or affect the normal operation of the platform.
15. Other Activities Considered by the Platform as Damaging Market Fairness
Any activity that negatively affects the trading ecosystem or platform order.
16. Multi-Device, Bulk Account Arbitrage, or Fee Farming
Using multiple devices or accounts to conduct improper hedging transactions, obtain rewards, earn trading fee incentives, or create false trading activity.
II. Handling Measures for Abnormal Trading Activities
For the above-mentioned violations, ASTX will take the following measures according to the severity of the situation:
1. Account Suspension and Handling of Illegal Gains
For violating accounts, the platform may suspend trading activities, freeze assets, and deduct profits obtained through abnormal trading activities.
2. Cancellation and Rollback of Abnormal Transactions
For ultra-short-term or abnormal transactions identified by the platform, orders may be cancelled and the transaction status may be restored to the state before execution.
3. Forced Liquidation
For positions involved in prohibited activities, the platform may execute forced liquidation at the current market price to prevent further risk expansion.
III. Identification Standards for Wash Trading, Volume Manipulation, AB Positions, and High-Frequency Violations
1. Types of Wash Trading Activities
• Fund Transfer Through Compromised Accounts
Transferring funds between accounts through unauthorized access or account theft.
• Trading Between Related Accounts
Pre-arranging prices and quantities and executing transactions between related accounts.
• Joint Operation Between Entrusters and Operators
Using account management or entrusted trading arrangements to conduct fund transfers between accounts.
• Basis for Determining Related Accounts
Including but not limited to:
- Registration time
- Device fingerprint
- IP address
- Deposit address
- Other relevant information
2. Characteristics of Wash Trading, AB Positions, and High-Frequency Violations
• Multiple related accounts repeatedly trade at similar times and similar prices.
• Creating false trading records through long-short hedging operations.
• Conducting a large number of opening and closing operations within an extremely short period.
IV. Penalty Measures for Violating Trading Activities
Violations will be classified according to severity:
1. Minor Violations
Measures may include:
- Warnings
- Reminders
- Confiscation of abnormal profits
- Temporary restriction of trading permissions
2. Serious Violations
Measures may include:
- Forced liquidation
- Account freezing
- Transaction cancellation
- Public announcement by the platform
3. Suspected Illegal Activities
The case may be transferred to regulatory authorities or judicial institutions for handling, and ASTX will cooperate with investigations.
V. Platform Special Statement
ASTX strictly prohibits the following activities:
1.
Any form of price manipulation or malicious market activities.
2.
Obtaining improper profits or compromising platform security through vulnerabilities or unfair methods.
3.
Trading activities that negatively affect the platform or market environment.
4.
Wash trading, arbitrage, hedging, or other prohibited activities through multiple devices or multiple accounts.
Once the above activities are detected, ASTX reserves the right to immediately take measures including:
- Account freezing
- Forced liquidation
- Withdrawal restrictions
- Submission to judicial authoritiesand other necessary actions.