BTCC offers three kinds of perpetual futures (USDT-M, USDC-M and coin-M) with cross and isolated margin. A regular user pays 0.055% taker and 0.03% maker. Its liquidation rules differ from most exchanges: BTCC's standard perpetuals have no maintenance margin rate. An account is liquidated when its balance falls below used margin × 40%, and the check uses the platform's two-way quotes, the best bid for longs and the best ask for shorts. The mid price shown on the chart by default is for reference only. The liquidation fee is 1% on BTC, ETH and the other main contracts and 1.2% on the rest (checked 2026-10-19). A position can be liquidated before the chart touches the estimated liquidation price, because BTCC monitors the best bid or ask, not the mid price on the chart.
This guide is based on BTCC's help center articles on going long and short, isolated margin, liquidation rules, liquidation fees, funding, order types and trading funds. It ends with a worked liquidation example on a 0.01 BTC position. Fee details are in BTCC fees.
BTCC futures at a glance
| Item | Details |
|---|---|
| Contract types | USDT-M, USDC-M and coin-M perpetuals; plus TradFi contracts (gold, forex, tokenized stocks, etc.) |
| Margin modes | Cross, isolated |
| Order unit | Lots; the size of one lot varies by product, see Contract Details |
| Maximum leverage | Stated differently across the site (the homepage says up to 500x on BTC and ETH USDT perpetuals, other pages say 250x); go by the order form |
| Liquidation trigger | Account balance below used margin × 40% |
| Monitoring price | Longs: best bid; shorts: best ask |
| Liquidation fee | 1% on BTCUSDT, ETHUSDT, XRPUSDT, SOLUSDT, DOGEUSDT and BTC, ETH, XRP, SOL coin-M; 1.2% on the rest |
| Funding | Every 8 hours at 00:00, 08:00 and 16:00 UTC |
| VIP0 fees | 0.055% taker, 0.03% maker |
| Demo trading | USDT-M and coin-M, 100,000 USDT in virtual funds |
Sources: how to go long or short, futures forced liquidation rules, liquidation fee rules, funding fees explained, fee page, checked 2026-10-19. BTCC's help center does not publish a table of lot sizes, minimum order sizes or risk-limit tiers per contract; check Contract Details in the app or on the web.
Before you start: account, KYC and demo trading
BTCC says live trading and market data are not restricted by identity verification level. KYC affects withdrawal limits, fiat deposits and eligibility for campaigns. You can practise first in demo trading, which gives 100,000 USDT of virtual funds for USDT-M and coin-M futures. KYC levels and limits are covered in BTCC KYC verification.
New-user campaigns often hand out "trading funds" or "trading vouchers". BTCC's futures trading fund guidelines say trading funds currently work only in cross margin, not isolated; the fund itself cannot be withdrawn, though profits made with it can; any transfer out of the futures account resets unused funds to zero; and only one voucher can be active at a time.
Placing an order: long and short
- Open the futures trading page, choose USDT-M or Coin-M at the top, then tap the pair name and pick a contract, for example BTCUSDT Perp.
- Tap Cross/Isolated and the leverage figure to adjust them.
- Choose an order type: market, limit or stop order.
- Enter the quantity or use the slider. The page shows free margin, max long, max short and the margin needed.
- Tick Set TP/SL if you want take-profit or stop-loss.
- Review and tap Open Long or Open Short. To exit, go to Positions, select the position and use Close.
BTCC notes that limit and stop orders are not guaranteed to fill, and in fast markets TP/SL can execute away from the price you set.
Cross vs isolated margin
- Cross: free margin in the futures account is shared across all cross positions, so a loss on one position eats into margin available to the others.
- Isolated: each position has its own margin, and losses are generally limited to that margin; the system does not top it up from other funds. You can add or reduce margin by hand. Reducing it brings the estimated liquidation price closer to the market, and the request is rejected if the remaining margin is too thin.
- Switching: you may not be able to switch while the contract has open positions or orders; cancel or close first.
Source: BTCC guide to isolated margin trading. BTCC adds that in extreme markets, thin liquidity or price gaps, final handling of isolated positions still follows its liquidation and insurance fund rules.
Liquidation: the 40% threshold and two-way quotes
When it triggers
BTCC's futures forced liquidation rules apply to standard perpetual futures:
- Trigger: liquidation starts when losses push the account balance below the forced-liquidation margin, where forced-liquidation margin = used margin × 40% (subject to the latest notice in the Announcements Center).
- Monitoring price: longs are checked against the sell-out price, the best bid; shorts against the buy-in price, the best ask. The candlestick chart shows the mid price by default and is for reference only.
- Several positions: the position with the largest loss is liquidated first, until the account has enough to maintain the required margin.
- No maintenance margin rate: BTCC says standard perpetuals do not use the MMR concept, and do not use an "average price" to decide liquidation or PnL.
- Risk limits: the larger the position, the lower the maximum lot size you can choose; limits are on the product page.
How liquidation is carried out
- Open orders are cancelled first, then the position is force-closed.
- A liquidation fee is charged and paid into the insurance fund, shown as "Liquidation fee" in your records. No closing fee is charged on top.
- The system sets a bankruptcy order price using market depth, basis and two-way quotes, aiming to fill quickly, keep as much of the remainder as possible and limit market impact.
- If the account goes negative, BTCC's risk reserve fund covers 100% of the shortfall. Users are not asked to repay, and profits are not clawed back from other users.
BTCC explains that the chart shows the mid price by default while monitoring uses best bid and ask quotes, so "the chart mid price hasn't touched, yet the monitoring price has already triggered" can happen. (BTCC futures forced liquidation rules)
Liquidation fee: USDT-M = liquidation price × liquidation quantity × fee rate; coin-M = liquidation quantity × fee rate. The rate is 1% on BTCUSDT, BTCUSD, ETHUSDT, ETHUSD, XRPUSDT, XRPUSD, SOLUSDT, SOLUSD and DOGEUSDT, and 1.2% on everything else. BTCC may change it without notice.
Funding: every 8 hours, no cut for BTCC
- Who pays: longs pay shorts when the rate is positive, shorts pay longs when it is negative. BTCC takes no funding fees.
- Timing: 00:00, 08:00 and 16:00 UTC. Trading is not paused while funding is calculated, so a position opened or closed at 08:00:05 may still be charged or paid.
- Calculation: for USDT-M, funding fee = position value × funding rate, where position value = counterparty best price × position quantity. Leverage does not change it.
- Rate formula: funding rate = average premium index P + clamp(interest rate I − P, a, b), with I = 0.01%. The premium index is calculated every minute, and the impact margin amount = 200 USDT ÷ minimum maintenance margin rate (BTCC's example uses 0.5% for BTCUSDT, giving 40,000 USDT).
- Unusual markets: BTCC can change the funding rate caps and charge funding more than three times a day.
Funding is taken from the futures account balance and moves your liquidation point. BTCC's example: a 1 BTC long, counterparty best price 95,000 USDT and a 0.02% rate pays 19 USDT for the period. Source: BTCC funding fees explained and calculation method. The article does not publish per-contract funding rate caps.
Order types: five that help you control risk
| Order | What it does | Watch out for |
|---|---|---|
| TP/SL | Set when opening; closes the position when the price is reached | Can fill away from your price in fast markets |
| Trigger order | Sends a market or limit order only once the trigger price is reached; can open or close | No margin is frozen before it triggers; it can fail if margin is short, the position limit is exceeded or the contract is unavailable |
| Trailing order | Sends a market order once the price pulls back from its high or low by the callback rate; optional activation price | Callback rate 0.1% to 99.9%; too small and normal swings will trigger it |
| Position by Risk | Enter a stop-loss price and the loss you accept; the system sizes the order and attaches the stop | An estimate; slippage can make the real loss larger |
| Limit order | Rests at your price | May not fill; only fills as maker get the 0.03% maker rate |
Sources: trigger orders, trailing orders, Position by Risk, checked 2026-10-19.
Worked example: how far can a 0.01 BTC cross 10x long fall?
Say your futures account holds only 100 USDT and you open a 0.01 BTC long on BTCUSDT at 100,000 USDT with a market order, cross margin at 10x. This estimate follows BTCC's 40% rule and ignores funding, spread and slippage; the estimated liquidation price on the page is what counts:
| Item | Calculation | Result |
|---|---|---|
| Position value | 100,000 × 0.01 | 1,000 USDT |
| Used margin | 1,000 ÷ 10 | 100 USDT |
| Opening fee (taker 0.055%) | 1,000 × 0.055% | 0.55 USDT, leaving 99.45 USDT |
| Forced-liquidation margin | 100 × 40% | 40 USDT |
| Loss the account can absorb | 99.45 − 40 | 59.45 USDT |
| Best bid that triggers liquidation | 100,000 − 59.45 ÷ 0.01 | About 94,055 USDT (a fall of about 5.9%) |
| Liquidation fee (1%) | 94,055 × 0.01 × 1% | About 9.41 USDT |
| Roughly left after liquidation | 40 − 9.41 | About 30.6 USDT (depends on the fill) |
With the same position and 500 USDT in the futures account (shared in cross), the loss would have to reach 459.45 USDT, a best bid of about 54,055 USDT. In cross mode the liquidation point depends on the whole account balance; in isolated mode only on the margin assigned to that position.
On this 0.01 BTC position the liquidation fee is about 9.41 USDT, roughly 18 times the 0.52 USDT a normal market close would cost; cutting the loss yourself before liquidation is far cheaper.
On trading fees, opening and closing this position with market orders costs about 0.55 + 0.55 = 1.1 USDT, or about 0.6 USDT with limit orders filled as maker (0.03%). BTCC's VIP1 only needs 200 USDT in account assets and lowers fees to 0.05% / 0.025%; the full VIP table is in BTCC fees.
Restricted regions
BTCC's user agreement has no full list of banned countries. It excludes sanctioned persons, residents of sanctioned jurisdictions and anyone barred by local law, and the site restricts some regions by IP. Copy trading is unavailable in places including Mainland China, Indonesia, Pakistan, Iran, North Korea, Syria and Cuba (copy trading FAQ). South Korea blocked BTCC's website on 2026-10-13. Licences and restrictions by region are in the BTCC review and crypto exchange licences by country.
Risks
The example shows that at 10x cross, with only the margin in the account, a move of about 6% against you triggers liquidation, and you still pay a 1% liquidation fee. BTCC monitors the best bid and ask, so a wider spread triggers it sooner. Only use money you can afford to lose on futures, practise stop-losses in demo trading first, then start with small positions. Don't trust anyone promising guaranteed profits from copy trading or managed accounts.
FAQ
How does BTCC calculate liquidation?
The account is liquidated when losses push its balance below used margin × 40%. Longs are checked against the best bid and shorts against the best ask, not the chart's mid price, and there is no maintenance margin rate.
Why was I liquidated before the chart reached my liquidation price?
The chart shows the mid price by default, while BTCC monitors the best bid and ask. When the spread widens or the market moves fast, the monitoring price triggers before the chart price.
What is BTCC's liquidation fee?
1% on BTC, ETH, XRP, SOL, DOGE and the other main contracts listed above, 1.2% on the rest, charged on the liquidated value and paid into the insurance fund. No separate closing fee is charged.
When does BTCC charge funding?
Every 8 hours, at 00:00, 08:00 and 16:00 UTC. It is paid between longs and shorts, and BTCC takes no cut.
Do I owe money if my BTCC account goes negative?
No. BTCC says negative balances after liquidation are covered by its risk reserve fund. Users are not asked to repay, and losses are not socialized.
Does BTCC have demo futures trading?
Yes, with 100,000 USDT in virtual funds for USDT-M and coin-M futures.
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