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Home > Trading terms > Crypto currencies

Trading terms
Crypto currencies


IMPORTANT: The opening of new positions with cryptocurrencies on Varchev Absolute Trader are temporarily unavailable

Due to the limitations of the possibility of opening new positions at our Liquidity Providers, Varchev Finance temporarily suspends the possibility to open new positions with cryptocurrencies at Varchev Absolute Trader. The suspension is temporary and will remain valid until out partners remove it.



Commissions None
Minimum deposit None
Work time 24h trading
/Sat 05:00 - Fri 23:00 (GMT+2)/
Spread Bitcoin - Market
Dashcoin - Market
Ethereum - Market
Litecoin - Market
Ripple - Market
Instrument Swap Long position
(% annually *)
Swap Short position
(% annually *)
Margin requirement
(at 1:100 liverage)
Margin requirement
(at 1:500 liverage)
Minimum Order Size
in Lots
Minimum Transaction
Step in Lots
Bitcoin 60%
/swap rate (%) 1/360 overnight/
20%
/swap rate (%) 1/360 overnight/
40% 8% 0.1 0.1
Dashcoin 60%
/swap rate (%) 1/360 overnight/
20%
/swap rate (%) 1/360 overnight/
40% 8% 1 1
Ethereum 60%
/swap rate (%) 1/360 overnight/
20%
/swap rate (%) 1/360 overnight/
40% 8% 1 1
Litecoin 60%
/swap rate (%) 1/360 overnight/
20%
/swap rate (%) 1/360 overnight/
40% 8% 10 10
Ripple 60%
/swap rate (%) 1/360 overnight/
20%
/swap rate (%) 1/360 overnight/
40% 8% 1000 1000

Maximum allowable leverage

Leverage ** Balance/Equity
1:500 up to $10 000
1:400 $10 000 - $20 000
1:200 $20 000 - $50 000
1:100 above $50 000

* Last decimal place.

Examples:
Upon purchase of 0.1 lots of Bitcoin, the amount to transfer the position for the next day - Swap is equal to: [0.01 lot x 17089 (current price) x 60/100] / 360 = -2.84$ per day day.
Upon sell position of 1 lot Ethereum, the amount to transfer the position for the next day - Swap is equal to: [1 lot x 656 (current price) x 20/100] / 360 = -0.36$ per day.