Cash account
Posted by Olga P, Last modified by Olga P on 22 September 2017 11:02 AM

Cash accounts are designed to perform exchange transactions on xBTCe Exchange Platform. This type of account is not intended for margin trading, for this reason such parameters as account currency and leverage are not set. A Customer may deposit funds to a Cash account which will subsequently be used as assets. An asset is a parameter used to determine the volume of FIAT or Crypto currency owned by the Customer.

When performing trade operations on xBTCe Exchange Platform, a physical exchange of one currency for another takes place, i.e. one asset is exchanged for another at the currently available exchange rate. All transactions are carried out in the following manner: asset X is exchanged for asset Y at the exchange rate X/Y available in the terminal at the time of transaction. As the result, the values of balances expressed in assets X and Y in the Customer’s Exchange account change. The values of assets on Cash accounts are recalculated after each exchange transaction or a balance operation.

On Cash accounts, you can make exchange transactions and place pending orders. The full amount of asset intended for exchange will be reserved to ensure a pending order execution, as opposed to Margin accounts, where only part of funds will be freezed due to leverage.

You may simultaneously trade on multiple Cash accounts.

Please note that you are unable to withdraw funds directly from a Cash account. Funds withdrawals are only available through eWallet – the main control tool in xBTCe personal area to manage your funds and trading accounts with xBTCe.

 Cash
Trading platform xBTCe Exchange Platform: Web terminalMobile terminal, and Desktop terminal
API trading available Yes: FIX, WebREST, WebSockets
Financial instruments Crypto pairs: BTCCNH, BTCEUR, BTCGBP, BTCJPY, BTCRUB, BTCUSD, BCHBTC, BCHUSD, DSHBTC, DSHCNH, DSHUSD, EMCBTC, EMCUSD, ETHBTC, ETHCNH, ETHEUR, ETHJPY, ETHLTC, ETHRUB, ETHUSD, LTCBTC, LTCCNH, LTCEUR, LTCJPY, LTCRUB, LTCUSD, NMCBTC, NMCUSD, PPCBTC, PPCUSD, USTUSD
Execution Exchange
Market depth The 100 best BID and ASK prices with available volumes.
Taker fee 0.2 %
Maker fee 0.1 %
Minimum deposit None
Maximum balance Not limited
Trading time 24/7
Contract specifications
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