Dear BitradeX Users,
To continuously enrich the platform's trading ecosystem and meet users' diversified trading needs, BitradeX is officially launching the [Event Contract] public beta! The first batch opens two popular trading underlying assets: Gold and Crude Oil. Users can judge market trends through event results and participate in a more flexible and efficient trading experience. In the future, the platform will successively launch more cryptocurrency event contract products, continuously expanding trading scenarios.
What is an Event Contract?
An Event Contract is an innovative trading product based on directional judgment of market price results. Users only need to predict the price trend direction, select "Call" or "Put" to participate in trading, without complex operations. When the market result matches your prediction, you can receive the corresponding reward; if the prediction is wrong, there is no leverage risk, and the risk range is clear and controllable.
Compared with traditional trading models, Event Contracts feature:
- Simpler trading logic, lowering the entry barrier
- Support for short-cycle market judgment, more flexible trading rhythm
- Focus on hot market trends and key market events
- More suitable for trend judgment and market participation
Event Contract FAQ: https://help.bitradex.ai/hc/en-001/articles/15769029480975
First Batch of Open Trading Underlyings
During this public beta phase, BitradeX will prioritize opening the following two globally popular assets:
- Gold (XAUTUSDT)
- Crude Oil (CLUSDT) Users can participate in event contract trading based on the direction of market price fluctuations, seizing global macro market opportunities. Subsequently, BitradeX will gradually expand more cryptocurrency-related event contracts based on product operation status and user feedback, including mainstream crypto assets like BTC and ETH, further enriching trading categories.
Trading Hours
Daylight Saving Time (March–November)
- Trading Session: Monday 06:00(UTC+8) — Saturday 05:00(UTC+8)
- Order placement unavailable: Saturday 4:30(UTC+8) - Monday 06:30(UTC+8)
- Daily Settlement Break: 05:00(UTC+8) — 06:00(UTC+8)
- Daily order placement unavailable: 4:30(UTC+8) - 06:30(UTC+8)
Standard Time (November–March of the following year)
- Trading Session: Monday 07:00(UTC+8) — Saturday 06:00(UTC+8)
- Order placement unavailable: Saturday 5:30(UTC+8) - Monday 07:30(UTC+8)
- Daily Settlement Break: 06:00(UTC+8) — 07:00(UTC+8)
- Daily order placement unavailable: 5:30(UTC+8) - 07:30(UTC+8)
Note:
【1】Unpredictable Market Closure: The platform will announce the market closure period in advance. The closure period does not affect settlement, only affects order placement and prediction.
【2】Regular Market Closure: Closed on statutory holidays in Europe and the US.
【3】The above trading hours & closure times currently only apply to Gold and Crude Oil trading underlyings. Cryptocurrency products are not affected.
Public Beta Instructions
Event Contracts are currently in the public beta phase, and some functions and trading rules will be continuously optimized and upgraded. The platform will continuously improve product mechanisms and risk control systems based on user experience and market feedback. During the public beta, we sincerely invite users to actively participate in the experience and provide valuable feedback to us, jointly promoting the construction of the event contract ecosystem.
Risk Warning
Event Contracts are innovative trading products. Market fluctuations may bring profit opportunities, but also come with certain risks. Please fully understand the product rules and potential risks before participating, reasonably control your positions, and trade rationally. The digital asset and related derivatives markets are highly volatile; please participate cautiously according to your own risk tolerance.
Future Planning
In the future, BitradeX will continue to expand the event contract trading ecosystem, gradually launching more:
- Cryptocurrency event underlyings
- Hot market theme events
- Rich settlement cycles and gameplay mechanisms
- Diversified trading tools and data analysis capabilities
We hope to provide users with a brand-new way to participate in the market through more innovative and convenient product experiences.
Thank you for your continued support and trust in BitradeX!
BitradeX Team
May 09, 2026