Dogwifhat is now available to trade on BitMEX via a new listing – WIFUSDT, marking the first perpetual swap for the token listed in the market. The listing began trading here today at 04:00 UTC.
The arrival of the WIF listing on BitMEX means users can enjoy up to 10x leverage and one of the highest max position sizes in the industry.
For the lowdown on the new listing, read on.
If you haven’t signed up for a BitMEX account yet, we’re currently offering 10,000 BMEX Tokens – you can register here.
What is dogwifhat?
Dogwifhat (WIF) is a highly anticipated meme coin on the Solana blockchain, achieving its status as the hottest meme coin in the current crypto landscape. Inspired by a Shiba Inu dog adorned with a knitted hat, the unique visual identity of the project has garnered attention within the crypto community, resulting in increased popularity and a flood of posts showcasing the iconic canine elements.
WIFUSDT Contract Specs
WIFUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the WIF token and trade it with leverage, without needing to have WIF holdings.
Key contract details for our WIFUSDT token listing:
- Symbol: WIFUSDT
- Margin Currency: USDT
- Contract Size: 1 WIF
- Lot Size: 10
- Minimum Trade Amount: 10 WIF
- Underlying: .BWIFT
- Max Leverage: 10x
- Risk limit: 20,000 USDT
- Maker Fee: -0.015%
- Taker Fee: 0.075%
- Base Initial Margin: 10.00%
- Base Maintenance Margin: 5.00%
You can trade the WIFUSDT perpetual contract here, or check out the full contract specs here.
Additionally, with the reintroduction of our Legacy Maker Rebates for Tether – margined contracts, users can now receive a rebate of 0.015% when trading WIFUSDT.
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In the meantime, if you have any questions please contact Support who are available 24/7.
The post Now Live: WIFUSDT Perpetual Swap Listing appeared first on BitMEX Blog.
