Spot Margin Leverage Policy (Up to 10x)

1. Overview

Simupcoin offers eligible users access to up to 10x leverage on spot trading through a controlled margin system.

This feature allows traders to amplify their trading positions using additional capital provided by the platform, subject to strict risk management rules.

2. Eligibility Requirements

To apply for spot margin leverage, users must:

Maintain a minimum wallet balance of 1,000 USDT (or equivalent).

Complete full KYC verification (if applicable).

Submit a leverage application request.

Pass internal risk assessment checks.

Approval is not guaranteed and is granted at the sole discretion of Simupcoin.

3. Leverage Limits

Maximum leverage: Up to 10x

Leverage amount depends on:

Wallet balance

Trading history

Risk profile

Market conditions

Simupcoin reserves the right to:

Approve lower leverage than requested

Modify leverage limits at any time

Suspend or revoke leverage access

4. Margin & Risk Management

Initial Margin

Users must deposit and maintain a minimum margin of 1,000 USDT.

Maximum Loss Rule (80% Protection Mechanism)

Users cannot lose more than 80% of their margin balance.

Example:

Margin deposited: $1,000

Maximum allowable loss: $800

If unrealized losses reach 80%, the system will automatically trigger forced position closure (Auto Square-Off).

This mechanism is designed to:

Protect user capital

Protect platform liquidity

Prevent negative balances

5. Auto Liquidation (Forced Closure)

The system will automatically close positions when:

Loss reaches 80% of margin capital

Account equity falls below maintenance threshold

Extreme market volatility conditions occur

Once liquidated:

Positions are closed at market price

Remaining balance (if any) will be credited back to the user's wallet

6. Leverage Fee Structure

Users will be charged:

0.05% per day on the leveraged amount

Fee calculated daily

Charged automatically from available wallet balance

If fee payment fails:

Open leveraged positions may be automatically closed

Leverage privileges may be suspended

7. Risk Disclosure

Trading with leverage involves substantial risk and may result in significant losses.

By using this feature, users acknowledge that:

Market volatility can cause rapid losses.

Auto-liquidation may occur without prior notice.

Simupcoin is not responsible for trading losses.

Users are solely responsible for their trading decisions.

Leverage trading is suitable only for experienced traders who understand the risks.

8. Platform Rights

Simupcoin reserves the right to:

Modify leverage terms at any time

Adjust margin requirements

Change fee structure

Suspend leverage during high volatility

Terminate leverage access without prior notice

9. Prohibited Activities

Leverage misuse, including but not limited to:

Market manipulation

Wash trading

Exploiting system errors

Will result in:

Immediate suspension

Account freeze

Legal action if required