BitMEX, the favored crypto derivatives trade, introduced as we speak that 4 cryptocurrencies ADA, BNB, FTM, and SHIB – shall be listed as linear perpetual swaps, that are margined and settled in USDT. Note, that is the primary time FTM and SHIB perpetual swaps have been listed on BitMEX.
Check out the small print of the brand new contracts out there under:
Contract | Contract Type | Contract Size | Max Order Quantity | Lot Size | Minimum Trade Amount | Initial Margin | Maintenance Margin |
ADAUSDT | Linear Perpetual | 0.01 ADA | 1,000,000,000 | 1,000 | 10 ADA | 3.00% | 1.50% |
BNBUSDT | Linear Perpetual | 0.0001 BNB | 1,000,000,000 | 1,000 | 0.1 BNB | 3.00% | 1.50% |
FTMUSDT | Linear Perpetual | 0.01 FTM | 1,000,000,000 | 1,000 | 10 FTM | 5.00% | 2.50% |
SHIBUSDT | Linear Perpetual | 1 SHIB | 100,000,000,000 | 10,000 | 10,000 SHIB | 5.00% | 2.50% |