A new listing – MINAUSDT – featuring Mina – the token of the Mina blockchain is available to trade on BitMEX, and with up to 10x leverage later this week.
For the lowdown on the latest listing, read on.
If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you can register here.
MINAUSDT Contract Specs
MINAUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the Mina blockchain’s token and trade it with leverage, without needing to have any MINA holdings.
Key contract details for our MINA token listing:
- Symbol: MINAUSDT
- Margin Currency: USDT
- Contract Size: 1 MINA
- Lot Size: 10
- Minimum Trade Amount: 10 MINA
- Underlying: .BMINAT
- Max Leverage: 10x
- Maker Fee: -0.0175%
- Taker Fee: 0.075%
- Base Initial Margin: 10.00%
- Base Maintenance Margin: 5.00%
You can trade the MINAUSDT perpetual contract here, or refer to the full contract specs here.
What is MINA?
MINA is the native token of Mina, which is being positioned as the world’s lightest blockchain, powered by participants. Mina is focused on creating infrastructure for a secure, democratic future, using zero knowledge proofs.
As well as trade with 10x leverage, with our Maker rebate for Tether – margined contracts, users can now receive a rebate of 1.75bps when trading MINAUSDT.
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In the meantime, if you have any questions please contact Support who are available 24/7.
The post Now Live: MINAUSDT Perpetual Swap Listing appeared first on BitMEX Blog.
