Introduction to Contracts

Published on March 2026

Reading Time: 4 Minutes

By Coinpes Team

Open a demo wallet and trade the same 1.95× payout rules — no slideware.

Introduction

Contracts are fixed-term trades on a volatility index. You choose a product, set how much to stake, and pick how long the contract should run. When the contract ends — or, for some types, when a specific price condition is met — the platform settles the trade automatically as a win or a loss.

How contracts differ from multipliers

The trade dashboard offers two broad product families. Market (multipliers) are open-ended leveraged positions: you manage them manually and your profit or loss changes with every price move until you close the trade.

Contracts are different. Your risk is fixed to the stake you choose upfront, the duration is set when you open the trade, and settlement happens on its own. You either receive the contract payout or forfeit the stake — there is no in-between outcome.

The 14 contract types

Every contract belongs to one of three families. Each family asks a different question about the market at settlement (or, for Touch and No Touch, during the life of the contract):

  • Direction — Rise and Fall. Will the exit price finish above or below your entry price?
  • Barrier — Higher, Lower, Touch, and No Touch. Will the price finish above or below a level you choose, or touch / avoid that level before expiry?
  • Digits — Over, Under, Even, Odd, Matches, and Differs. Will the last decimal digit of the exit price match your prediction?

Each type has its own guide in this blog with win rules, examples, and tips. Use the sidebar to jump directly to the contract you want to learn about.

Entry price and exit price

When you open a contract, the platform records an entry price — the index quote at that moment. When the contract settles, the latest quote becomes the exit price. Most contract types compare these two values (and sometimes a barrier or digit you selected) to decide the result.

You do not need to close a contract yourself. Open contracts appear in the panel below the chart on the Trade page until they settle.

Shared settings across all contracts

  • Stake — $1 minimum, $10,000 maximum. This is the amount deducted from your wallet and the maximum you can lose.
  • Duration — between 1 and 60 seconds (shown as seconds in the order form). When time is up, the contract settles unless a Touch or No Touch condition ends it early.
  • Payout — winning contracts pay 1.95× your stake. See the dedicated payouts guide for worked examples.

Demo and real accounts

Contracts can be placed on both demo and real wallets. Demo uses virtual funds but follows the same rules and settlement logic, which makes it a safe way to try each contract type before committing real money. Switch accounts from the trade header; open contracts and history are kept separate per account type.

How to place a contract

  1. Open the Trade page from the sidebar.
  2. Use the product switcher in the order panel to pick a contract type (Rise, Touch, Matches, and so on).
  3. Enter your stake and duration. Add a barrier or digit if the contract requires one.
  4. Review the estimated payout, then submit. Your stake is deducted immediately.
  5. Wait for settlement. You will receive a notification when the result is final.

Trading involves risk. Fixed payouts do not mean fixed odds of winning. Only stake amounts you can afford to lose, and practice on demo first.

Frequently asked questions

What is a contract on Coinpes?
A contract is a timed trade where you predict whether the index exit price meets a condition at expiry — for example, direction (Rise/Fall), barrier (Touch/Higher), or digit (Even/Odd).
How is a contract different from a spot position?
Contracts have a fixed duration and payout at settlement. Spot positions stay open until you close them and follow the live market price.
Can I practice before trading real funds?
Yes. Demo accounts use virtual balance so you can learn contract types and settlement without risking real money.

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