XREX Taiwan 信用交易附加條款

最後更新日：2025.07.25

本《虛擬資產信用交易附加條款》（下稱「本附加條款」）是您與 XREX Taiwan（下稱「本平台」、「我們」、「本公司」 或 「XREX」）之間《使用者條款》的補充協議。信用交易涉及高槓桿，具有極高的財務風險，可能導致您損失全部本金，甚至在特定情況下產生超出本金的負債。

在申請開通或使用本平台的信用交易服務（下稱「本服務」）前，您必須已詳細閱讀、完全理解並同意本附加條款的所有內容。本附加條款作為《使用者條款》之補充協議，並揭露於該《使用者條款》，故當您勾選「我已閱讀並同意《使用者條款》」或實際執行任何一筆信用交易時，即代表您已具備相應的風險認知與承受能力，並同意接受本附加條款的法律約束。

第一條：名詞定義

本附加條款中，除引用《使用者條款》之定義外，下列名詞定義如下：

1. 信用交易帳戶 (Margin Account)：專門用於進行信用交易的帳戶，其資產與您在本平台的其他帳戶（如現貨帳戶）分別管理。

2. 信用額度 (Credit Line)：本平台依據您存入的擔保品價值，所核定可用於借貸並開立倉位的最高額度。

3. 倉位 (Position)：您透過本服務建立的、持有特定數量虛擬資產的多頭（Long）或空頭（Short）部位。

4. 逐倉擔保模式 (Isolated Margin)： (a) 每一筆信用交易倉位各自獨立計算其擔保資產與維持率，且 (b) 為特定倉位劃轉的擔保資產獨立存在，不會自動用於支援其他倉位。

5. 擔保資產 (Collateral)：您為擔保特定倉位而從可用餘額中劃轉並鎖定的資產。

6. 可用餘額 (Available Balance)：您信用交易帳戶內，未被任何倉位用作擔保資產，且可用於開立新倉位或吸收虧損的資產。

7. 擔保維持率 (Margin Level)：衡量單一倉位資產健康度的核心浮動指標。

8. 計算公式：維持率 = 倉位資產總價值 ÷ 倉位負債總價值 * 前述價值均以本平台之計價幣種（如 USDT）進行計算。

9. 案例說明：

• 做多（Long BTC/USDT）：

* 倉位負債：您借入的USDT，用於買入BTC。

* 倉位資產：您實際持有的BTC，其市值隨價格浮動。

* 風險：若BTC價格下跌，倉位資產價值減少，將導致維持率下降。

• 做空（Short BTC/USDT）：

* 倉位負債：您借入並賣出的BTC，其負債價值隨BTC價格浮動。

* 倉位資產：您原始提供的擔保品，加上您賣出BTC後所得的USDT。

* 風險：若BTC價格上漲，倉位負債價值增加，將導致維持率下降。

1. 追繳抵押品比率 (Margin Call Ratio)：當倉位的維持率低於此數值時，系統將嘗試發出預警(Margin Call)。

2. 清算比率 (Liquidation Ratio)：當倉位的維持率低於或等於此數值時，系統將對該倉位執行強制清算。

3. 穿倉虧損 (Deficit Loss)：指強制清算單一倉位後，其擔保資產的全部價值仍不足以償付該倉位所產生的借貸本金、利息及相關費用時，所產生的虧損缺口。

第二條：重大風險揭露

1. 槓桿效應風險：槓桿會同等放大您的潛在收益與虧損。一個微小的市場反向波動，其造成的虧損在槓桿效應下可能非常巨大，遠超非槓桿交易。

2. 強制清算風險：市場價格的劇烈波動可能導致您的倉位維持率在短時間內跌破「清算比率」。清算程序為自動化執行，前述之預警通知僅為本平台提供之提醒服務，不構成本平台之保證或義務。因虛擬資產市場價格波動極端迅速，或因網路延遲、第三方通訊服務商問題、會員自身設備或設定等非本平台可完全控制之因素，可能導致預警通知延遲、傳送失敗或會員未能及時讀取，您可能因此在非自願的價格和時間點被平倉，並損失全部擔保資產。

3. 穿倉與追繳風險：若單一倉位發生強制清算且產生「穿倉虧損」，本平台有權無需您的另行同意，直接從您信用交易帳戶的「可用餘額」中扣除相應資產以彌補該虧損缺口。

第三條：交易執行、還款與費用

1. 開立倉位：您可從「可用餘額」中劃轉資產作為特定倉位的擔保資產，選擇交易對、槓桿倍數及數量以開立倉位。操作完成後，該擔保資產將被鎖定。

2. 借幣成本：信用交易服務因涉及向本平台借貸虛擬資產，本平台將以每小時分別計算借貸成本，並於平倉(或部分平倉)時收取。相關費率請詳閱本平台官網「收費政策」之說明。

3. 償還：您應在到期日前主動償還借用的虛擬資產以及累積之借貸成本。逾期償還可能導致額外利息費用和罰款。

第四條：風險管理與強制清算

1. 會員責任：會員應持續監控其所有交易部位、市場價格波動及其帳戶中各倉位的「維持率」狀況，並負有隨時補充擔保品之責任，以降低自動清算風險。

2. 預警：當任何倉位的維持率低於「預警維持率」時，本平台將嘗試透過應用程式推播或電子郵件等方式發出預警通知。此通知僅為提醒，不構成本平台之保證或義務。

3. 強制清算：

   1. 如果任何一筆信用交易的維持率低於或等於本平台設定之「強制清算維持率」，將觸發自動強制清算機制。系統將立即出售該倉位之資產以償還您借入的資產。

   2. 平倉過程中，本平台除得變現該倉位之擔保品外，並保留限制其帳戶資產提領之權利以保全債權。

   3. 清算所得依序償付：(i) 相關交易費用；(ii) 應計之借貸成本；(iii) 借貸本金。

   4. 您應知悉，清算過程所產生之損失，包含但不限於市價滑點、流動性不足或價格劇烈波動，皆由您自行承擔，本平台對此不負賠償責任。

4. 穿倉處理：

若經自動執行強制清算程序後產生「穿倉虧損」，會員同意本平台「得」從其信用帳戶的「可用餘額」中直接扣抵。

1. 平台權利：

本平台得依其風控政策，隨時調整維持率門檻、清算條件及償付順序，並公告於本服務頁面。

第五條：會員的聲明與承諾

1. 您確認並非受任何司法管轄區法律禁止或限制進行虛擬資產信用交易之人。

2. 您確認資金來源合法，並非用於任何非法目的。

3. 您聲明知悉，在市場劇烈波動時，擔保維持率可能在極短時間內從應預警之比率上升至應清算之比率，本平台發出的預警通知，不保證您有充足的時間補充擔保資產。清算程序可能在預警通知發出後不久或甚至同時發生。

4. 您承諾遵循本附加條款中之會員責任，主動監控其帳戶的LTV比率及市場價格波動，並應自行判斷風險、隨時準備調整擔保資產，以避免強制清算。您不得僅以未收到或未及時收到預警通知為由，向本平台主張任何形式之損害賠償或權利。本平台對於因市場波動或清算機制所致之任何損失，不負賠償責任。

5. 您聲明已完整閱讀本附加條款，特別是第二條所揭露之重大風險，並確認具備足夠的投資經驗、知識與財務能力來承擔可能發生的全部損失。

第六條：其他約定

1. 本附加條款為《服務條款》之一部分，若本附加條款與《使用者條款》有任何歧異，就信用交易相關事宜，應以本附加條款為準。

2. 本平台保留隨時修改本附加條款內容之權利，修改後之內容將公告於平台網站，並自公告所載之生效日起生效。若您繼續使用本服務，將視為您已同意修改後之條款。

3. 本附加條款之準據法與管轄法院，同《使用者條款》之約定。

【條款結束】

XREX Taiwan Supplementary Terms and Conditions for Margin Trading

These Supplementary Terms and Conditions for Margin Trading (the “Terms”) constitute a supplementary agreement to the “XREX Taiwan General Terms and Conditions, the General T&C) ” between you and XREX Taiwan (hereinafter referred to as the “Platform,” “we,” “our company,” or “XREX”).Margin trading involves high leverage and carries significant financial risks, which may result in the loss of your entire principal and, under certain circumstances, may even lead to liabilities exceeding your initial investment.

Before applying to enable or use the margin trading services provided by the Platform (the “Service”), you must have thoroughly read, fully understood, and agreed to all the contents of the Terms.The Terms constitute a supplementary agreement to the General T&C and are disclosed therein. Therefore, by checking the box “I have read and agree to the General T&C” or by executing any margin trading transaction, you acknowledge that you are aware of and capable of bearing the associated risks and agree to be legally bound by the Terms.

Article 1. Definitions

Unless otherwise defined herein, all capitalized terms used in the Terms shall have the same meanings as defined in the General T&C. The following terms are defined as follows:

1. Margin Account: An account designated for margin trading, in which the assets are managed separately from other accounts on the Platform (e.g., spot account).

2. Credit Line: The maximum borrowing limit approved by the Platform based on the value of Collateral deposited by the member, available for borrowing and opening positions.

3. Position: A long or short position established by the member through the Service, representing the holding of a specific quantity of virtual assets.

4. Isolated Margin: (a) Each margin trading position has its own independently calculated Collateral and margin level; and (b) Collateral allocated to a specific position exists independently and is not automatically shared with or applied to support other positions.

5. Collateral: Assets transferred and locked from the Available Balance to secure a specific position.

6. Available Balance: Assets in your Margin Account that have not been allocated as Collateral for any position and are available to open new positions or absorb losses.

7. Margin Level: A key floating indicator used to measure the health of an individual position.

   1. Calculation formula: Margin Level = Total Value of Position Assets ÷ Total Value of Position Liabilities *All values are calculated based on the Platform’s designated quote currency (e.g., USDT).

   2. Examples:

• Long BTC/USDT:

  • Liabilities: USDT borrowed to purchase BTC.

  • Assets: BTC held in the position, whose market value fluctuates with the price.

  • Risk: If the price of BTC drops, the asset value decreases, leading to a lower margin level.

• Short BTC/USDT:

  • Liabilities: BTC borrowed and sold; liability value fluctuates with the BTC price.

  • Assets: Your original Collateral, plus USDT received from selling the borrowed BTC.

  • Risk: If the price of BTC rises, the liability value increases, reducing the margin level.

1. Margin Call Ratio: The margin level threshold below which the system will attempt to issue a margin call warning.

2. Liquidation Ratio: The margin level threshold at or below which the system will execute forced liquidation of the position.

3. Deficit Loss: A shortfall that arises when, after forced liquidation of an individual position, the full value of the Collateral remains insufficient to cover the principal, interest, and related fees of the loan associated with that position.

Article 2: Material Risk Disclosure

1. Leverage Risk Leverage proportionally amplifies both your potential gains and losses. A minor adverse market movement may result in substantial losses under the effect of leverage, far exceeding those in non-leveraged trading.

2. Forced Liquidation Risk Drastic market price fluctuations may cause the margin level of your position to fall below the Liquidation Ratio within a short period. The liquidation process is executed automatically. The aforementioned margin call notification is provided solely as a reminder service by the Platform and does not constitute any guarantee or obligation of the Platform. Due to the extremely rapid price volatility in the virtual asset market, or factors beyond the full control of the Platform—such as network delays, issues with third-party communication service providers, or problems with the Client’s own equipment or settings—margin call notifications may be delayed, fail to deliver, or fail to be read by the Client in time. As a result, you may be liquidated at an involuntary price and timing, and may lose all collateral assets.

3. Deficit and Deduction Risk If a forced liquidation of a single position results in a Deficit Loss, the Platform shall have the right, without further consent from you, to directly deduct corresponding assets from the Available Balance in your margin trading account to cover the shortfall.

Article 3: Trade Execution, Repayment, and Fees

1. Opening a Position: You may transfer assets from your Available Balance to serve as collateral for a specific position. You may then select the trading pair, leverage multiplier, and order size to open the position. Upon completion, the designated collateral assets will be locked.

2. Borrowing Cost: As the margin trading service involves borrowing virtual assets from the Platform, the applicable borrowing cost shall be calculated on an hourly basis and charged upon position closure (including partial closure). For applicable rates, please refer to the “Fee Policy” section on the Platform’s official website.

3. Repayment: You are required to proactively repay the borrowed virtual assets and the accrued borrowing cost before the due date. Failure to make timely repayment may result in additional interest charges and penalties.

Article 4: Risk Management and Forced Liquidation

1. Member Responsibility: The member shall be solely responsible for continuously monitoring all open positions, market price fluctuations, and the Margin Level of each position in their account. The member is also obligated to promptly add collateral when necessary in order to reduce the risk of automatic liquidation.

2. Margin Call Notification: When the Margin Level of any position falls below the Margin Call Ratio, the Platform will attempt to send a notification via app push alert, email, or other available channels. Such notifications are for reminder purposes only and shall not constitute any guarantee or obligation on the part of the Platform.

3. Forced Liquidation: A. If the Margin Level of any margin trade falls below or equals the Liquidation Ratio set by the Platform, an automatic forced liquidation will be triggered. The system will immediately sell the assets held in that position to repay the borrowed assets. B. During liquidation, in addition to liquidating the collateral associated with the position, the Platform reserves the right to restrict withdrawals of other account assets in order to preserve its claims. C. Liquidation proceeds will be applied in the following order: (i) applicable transaction fees; (ii) accrued borrowing cost; (iii) borrowed principal. D. You acknowledge and accept that any loss incurred during the liquidation process—including, but not limited to, price slippage, insufficient liquidity, or extreme price volatility—shall be solely borne by you. The Platform shall not be liable for any such loss.

4. Deficit Loss Handling: In the event that a Deficit Loss remains after automatic forced liquidation is executed, the Member agrees that the Platform may directly deduct the equivalent amount from the Available Balance in their margin account without further notice.

5. Platform Rights: The Platform may, in accordance with its risk management policies, adjust the Margin Level thresholds, liquidation conditions, or repayment sequence at any time, and shall publish such updates on the relevant service page.

Article 5: Member Representations and Undertakings

1. You confirm that you are not a person prohibited or restricted by the laws of any jurisdiction from engaging in virtual asset margin trading.

2. You confirm that the source of your funds is lawful and that such funds are not used for any illegal purpose.

3. You acknowledge that during periods of high market volatility, the Margin Level may shift from the warning threshold to the liquidation threshold within an extremely short period. Margin call notifications issued by the Platform do not guarantee that you will have sufficient time to add collateral. The liquidation process may occur shortly after or even concurrently with the issuance of such notifications.

4. You undertake to comply with the Member Responsibilities set out in this Supplementary Agreement, including proactively monitoring your account's loan-to-value (LTV) ratio and market fluctuations. You shall assess and manage risks independently and maintain readiness to adjust your collateral at any time to avoid forced liquidation. You shall not assert any claim for damages or other rights against the Platform solely on the basis of not receiving, or not timely receiving, a margin call notification. The Platform shall not be liable for any losses arising from market volatility or the liquidation mechanism.

5. You declare that you have thoroughly read this Supplementary Agreement, including but not limited to the material risk disclosures in Article 2, and confirm that you possess sufficient investment experience, knowledge, and financial capacity to bear the full extent of any potential loss.

Article 6: Miscellaneous

1. This Supplementary Agreement forms an integral part of the Terms of Service. In the event of any inconsistency between this Supplementary Agreement and the User Terms, matters relating to margin trading shall be governed by this Supplementary Agreement.

2. The Platform reserves the right to amend the Terms at any time. The amended terms shall be published on the Platform's website and shall take effect on the effective date specified in the announcement. Your continued use of the service shall constitute your acceptance of the amended terms.

3. The governing law and jurisdiction applicable to the Terms shall be the same as those set forth in the General T&C.

[End of the Terms]