ZETAUSDT, our second listing featuring ZETA – the native token of ZetaChain, a novel L1 blockchain with chain-agnostic interoperability, is now available to trade on BitMEX, with up to 10x leverage. Trading began here at 06:00 UTC.
You can also trade ZETAUSDTG24 – our ZetaChain pre-IEO futures contract margined in Tether – here.
For a deeper look at our new ZetaChain 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.
ZETAUSDT Contract Specs
ZETAUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the ZETA token and trade it with leverage, without needing to have any ZETA holdings.
Key contract details for our ZETA token listing:
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- Symbol: ZETAUSDT
- Margin Currency: USDT
- Contract Size: 1 ZETA
- Lot Size: 1
- Minimum Trade Amount: 1 ZETA
- Underlying: .BZETAT
- Max Leverage: 10x
- Maker Fee: -0.015%
- Taker Fee: 0.075%
- Base Initial Margin: 10.00%
- Base Maintenance Margin: 5.00%
About ZETA, the ZetaChain Token
ZetaChain is a novel L1 blockchain that has chain-agnostic interoperability built-in (EVM-compatible, Cosmos/IBC, Bitcoin, Dogecoin, Tron, etc.). Developers currently use ZetaChain’s messaging capabilities to send data and native value (without wrapping assets) between any chains.
With the ZETA token, users can; participate in consensus and secure ZetaChain, pay for gas fees, access cross-chain messaging, and more.
You can trade the ZETAUSDT contract here, or refer to the full contract specs here.
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The post Now Live: ZETAUSDT Perpetual Swap Listing With Up to 10x Leverage appeared first on BitMEX Blog.
