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Contract Services Agreement

Derivatives Trading Guide

Risk Management

Before using NEX Exchange’s contract trading services, users must read and comply with this agreement. Please read each clause carefully and ensure you fully understand all terms, especially those related to risk disclosures and limitations of liability.

By logging in, viewing, or using any contract trading features, you are deemed to have read and agreed to this agreement in its entirety.

1. Contract Service Acknowledgements

1.1Contract trading carries a high level of risk. As a contract trader, you acknowledge and agree to assume all risks associated with accessing and using the services.

1.2You should fully understand the risks involved and ensure you are not trading or investing beyond your financial means. You are fully responsible for all trading and non-trading activities on your NEX Exchange account.

1.3You are solely responsible for understanding the real-time status of your positions, even if NEX Exchange displays incorrect information.

1.4You agree to maintain a sufficient amount of blockchain assets in your NEX Exchange margin account to participate in contract trading and repay loans in full and on time. Failure to do so may result in forced liquidation of your assets.

1.5NEX Exchange reserves the right to take necessary measures on your behalf to mitigate potential losses, including transferring assets between your accounts.

1.6During system maintenance periods, you agree to manage your positions at your own risk, including closing positions and repaying loans.

1.7You agree to be fully responsible for all trading, contract transactions, and/or borrowing activities. NEX Exchange bears no liability for losses arising from your use of services or from a lack of understanding of associated risks.

1.8You agree that all investment operations carried out on NEX Exchange reflect your genuine investment intent, and you accept all potential gains and losses.

1.9NEX Exchange reserves the right to suspend or terminate contract services and take over user positions if necessary.

1.10Due to network delays, system failures, or other force majeure events, execution of contract services may be delayed, suspended, or deviated. NEX Exchange will make every effort to maintain system stability but is not liable for deviations from user expectations caused by such events.

2. Prohibited Conduct and Enforcement Measures

2.1Prohibition of Illegal Arbitrage

Users identified through multi-dimensional risk controls as engaging in illegal arbitrage (e.g., fee farming, rebate abuse, bonus exploitation, or hedging) using multiple accounts/devices will be subject to actions such as:

Account suspension or banning

Asset freezing

Login restrictions

Mandatory identity verification

2.2Restriction of High-Frequency Scalping

To ensure fair trading, users detected engaging in frequent open-close scalping trades may face the following:

Immediate termination of account and server access

Reversal of trades deemed part of the activity

Forced closure of affected positions at current market prices

Imposed minimum holding times for open positions

2.3Prohibited Unfair Trading Behavior

NEX Exchange strictly prohibits any activity deemed harmful to market fairness. This includes:

Price manipulation or malicious market behavior

Exploiting platform vulnerabilities or using unreasonable tactics to profit

Any activity judged by NEX Exchange as damaging to the trading environment

✅ I have read and agree to the NEX Exchange Contract Services Agreement and accept all trading risks.

Thank you for your support of NEX Exchange!

— The NEX Exchange Team