# Second Contract

1. What is a second contract?

A second contract is a high-frequency trading method that operates based on spot prices and leverage mechanisms, characterized by short trading cycles typically lasting seconds or minutes. It enables users to execute trading operations within an extremely brief timeframe, supporting both long and short positions. Additionally, users have the option to enhance potential gains and risks through high-leverage trading.

Features:

Quick settlement 

Limit risk 

Short term trading

2. How to conduct transactions

The second contract is currently a relatively simple trading mechanism that settles in minutes.

(1) First, the user needs to select the digital currency to be traded (Currently CoinHome has opened BTC/USDT and ETH/USDT trading pairs). The shorter trading time range is 1min, 3min, 5min, and the longer one is 60min. Currently, CoinHome The default is 1min mode;

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(2) Secondly, for risk control, users set the transaction amount within the controllable risk range. The most important thing is to conduct technical analysis of currency directional trends, that is, the rise and fall directions within the set trading range. Based on the analysis, one.

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(3) After placing an order, the system will automatically count down. After the specified time, the system will automatically settle the profit and loss to the trading account.