Investor notice: The digital financial derivatives innovative second contract transaction (hereinafter referred to as "innovative second contract transaction") service provided by ORION trading platform (hereinafter referred to as "the platform") has certain risks, so users open and To use the innovative second contract trading service, you must carefully read and agree to this agreement, otherwise your use will be deemed to be a complete understanding and agreement of this agreement and the innovative second contract transaction risks.

Foreword This agreement aims to reveal to investors the investment risks of digital asset innovative second contract transactions, and to help investors evaluate and determine their own capabilities. In view of the existence of investment risks, investors should carefully read this agreement before conducting transactions, and must ensure that they understand the nature and rules of innovative second contract transactions, and based on their own investment experience, goals, financial status, and risk-taking ability It is up to you to decide whether to participate in the innovative second contract transaction. Investors should consult financial, legal and other independent professional advice before applying for innovative second contract transactions.

Innovative second contract design concept The innovative second contract transaction is a brand-new digital asset risk hedging financial derivative, which has the characteristics of simplicity, flexibility, and strong operability, and provides investors with a brand new digital asset risk hedging product. Investors can use innovative second contract transactions to execute specific direction transactions under limited and controllable risk exposure; on the premise of clear expected returns, innovative second contract transactions have the characteristics of transaction diversity and potential income multiples; When buying an innovative second contract, investors also clearly know the amount of income that may be obtained.

Risk hedging financial derivatives in the current market, such as contract futures, are limited by conditions such as fairness, transaction volume, and time cost, and cannot fully hedge the risks brought about by digital asset price fluctuations. The innovative second contract transaction not only has the risk management and portfolio investment advantages of the non-linear profit and loss structure of the second contract transaction in the traditional financial market, but also combines the characteristics of digital assets to provide investors with professional risk management strategies in high-risk markets.

Innovative second contract trading rules 1. The innovative second contract uses the relevant prices of five well-known digital asset exchanges in the world to generate the mark price of the corresponding currency. The index composition and weight include: trading platform, weight ratio, and benchmarking unit 2. The prerequisite for the mark price to take effect is: effective weight exchange ≥ 3, otherwise it will be deemed invalid. The platform will modify the index composition and weight according to the real-time transaction data of the five major exchanges from time to time to ensure the validity and fairness of the data, and publicize it by issuing adjustment announcements. "Note: This platform will issue an adjustment announcement for any changes in the index composition and weight of the marked price in the innovative second contract transaction." Price precision. If the price accuracy of an exchange is inconsistent with the system agreement, the rounding of decimal places will be adopted uniformly. For example: the price precision of the BTC second contract is 2 digits. If the price of an exchange is 9000.1234, then after processing, the price participating in the effective calculation is 9000.12. 4. Current second contract cycle: divided into 30-second, 60-second, 2-minute, and 3-minute contracts. 5. Yield rate: The expected rate of return of the second contract will be clear when investors purchase the innovative second contract. For example: buy 100USDT 5-minute BTC second contract, the yield is 10% for 30 seconds, 15% for 60 seconds, 20% for 2 minutes, and 25% for 3 minutes. If the delivery result of the second contract is up, the profit will be 110USDT (including principal). 6. Delivery time: 00:00 GMT time is used as the start of the second contract of the day. For example: the start time of 1 minute second contract is 00:00:00, the delivery time is 00:01:00, and so on. 7: Handling of abnormal situations: If data acquisition fails due to network delay or interruption, third-party exchange data abnormality, etc., or data calculation errors occur due to transaction system abnormality, etc., these circumstances may cause the second contract transaction to fail to complete the delivery , you understand and agree that the second contract transaction affected by the above situation will be deemed invalid, and the digital assets used to purchase the above second contract will be returned to the user's trading account free of charge. 8: Amount limit: Each currency has a minimum purchase amount and a maximum purchase amount limit. The specific amount limit is subject to the actual transaction page. 9: At present, the available options for the innovative second contract trading are bullish and bearish. After the adjustment of the judging criteria, the judging criteria for the rise and fall of different delivery periods will be different. Please refer to the above table as the standard. Bullish: corresponding to the increase in the price of the currency at the time of delivery of this session relative to the beginning, and the absolute value of the increase exceeds the ratio shown in the table; The absolute value of exceeds the ratio shown in the table; Note: If the second contract is bought before the implementation of this new standard, delivery and settlement will still be carried out according to the original rules.

Existing risks 1. The risk of price fluctuations. As a special digital asset financial derivative with investment value, the innovative second contract transaction is affected by many factors, and the price fluctuates violently. It is difficult for investors to comprehensively Therefore, there is a possibility of investment mistakes. If the risks cannot be effectively controlled, they may suffer relatively large losses, and investors must bear all the losses caused by it alone.

Transaction risk: In the trading system of this platform, once the transaction submitted by the investor is completed, it is irrevocable, and the investor must accept the possible risks brought by this method.
Policy regulatory risk: Innovative instant contract trading may face policy regulatory risks in different countries or regions. Investors should understand the regulatory policies of the trading region where they are trading before trading, and make prudent judgments on this premise.
Other possible risks (1) Not limited to index composition and weight adjustment, expiration time, product rules, etc. may be modified according to the actual operation of the business. If the platform needs to modify the relevant trading rules due to special circumstances, the adjustment announcement will be issued Afterwards, it is deemed to have fulfilled the notification obligation, and the user needs to check and adjust the trading strategy in a timely manner, and the user shall enjoy or bear all the profits or losses that may arise as a result of this. (2) There are also risks in the use of Internet-based trading systems, including but not limited to software, hardware, and Internet link failures. This platform cannot control the reliability and availability of any Internet, so this platform will not bear any responsibility for network distortion, delay and link failure. (3) All transaction calculation results will be verified by the platform, and all calculation methods have been publicized on the website of the platform, but the platform cannot guarantee that the use of the website will not be disturbed or error-free.
Special Notes: 1. Before participating, investors must thoroughly understand the basic knowledge and related risks of financial derivatives transactions and all relevant business rules for participating in innovative second contract transactions, and carefully read and agree to the "ORION User Agreement" and the "Innovative Second Contract Trading User Agreement", and have been aware of and completely independently undertake all transaction risks brought about by strong fluctuations in digital asset prices.

The above risk matters are only enumerative in nature and cannot list all the risk factors related to digital asset derivatives transactions in detail. Before investors participate in digital asset derivatives transactions and investments, they should also carefully understand and master other possible risk factors . If based on reasonable commercial judgment, this platform believes that you have violated this agreement, or you are not allowed to provide services provided by this platform according to the laws of the country or region where you are located, or you use the services provided by this platform to engage in illegal and criminal activities, this platform has the right to temporarily suspend Or permanently freeze your account, or suspend or terminate your use of all or part of the digital asset trading services provided by this platform.
The prerequisite for the mark price to take effect is: the effective weight exchange ≥ 3, otherwise, it may cause the second contract transaction to fail to complete the delivery. You understand and agree that the second contract transaction affected by the above situation will be deemed as an invalid transaction, which is used to purchase the above second The digital assets of the contract will be returned to the user's trading account free of charge. The platform will modify the index composition and weight according to the real-time transaction data of the five major exchanges from time to time to ensure the validity and fairness of the data, and publish the adjustment announcement to make it public.
The platform does not bear any direct or indirect losses caused by users relying on such information, including but not limited to any loss of profits.
It is forbidden to use this platform for malicious manipulation of the market, improper transactions and other immoral or law-breaking trading activities. If such incidents are found, the platform will punish all unethical or law-breaking users who maliciously manipulate prices, maliciously affect the trading system, etc. Take preventive protective measures such as warnings, restricting transactions, closing accounts, etc., and do not assume all responsibilities arising therefrom, and reserve the right to pursue responsibilities against relevant persons.
Monitoring transactions The platform will set and adjust the daily transaction and withdrawal limit according to the security and actual transaction conditions; if the transactions frequently occur in a registered user, or if there is an unreasonable situation in a certain transaction or some transactions, the platform will A professional team will evaluate and determine whether they are suspicious transactions; when the platform determines that a certain transaction or certain transactions are suspicious transactions based on its own judgment, the platform may take restrictive measures such as suspending such transactions and rejecting such transactions , or even revoke such transactions that have occurred, and report to the relevant departments at the same time without further notice; the platform reserves the right to reject registration applications from investors in jurisdictions that do not meet international anti-money laundering standards or that can be regarded as politically exposed persons right. At the same time, according to its own reasonable business judgment, the platform reserves the right to suspend or terminate any suspicious transactions at any time, and does not assume any responsibility or obligation for this.