A new listing – BANANAUSDT – the trading bot, will be available to trade on BitMEX, with up to 10x leverage.
Trading is expected to commence at 04:00 UTC on 16 August 2024.
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.
BANANAUSDT Contract Specs
BANANAUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the BANANA token and trade it with leverage, without needing to have any BANANA holdings.
Key contract details for our BANANA token listing:
- Symbol: BANANAUSDT
- Margin Currency: USDT
- Contract Size: 0.0001 BANANA
- Lot Size: 1000
- Minimum Trade Amount: 0.1 BANANA
- Underlying: .BBANANAT
- Max Leverage: 10x
- Maker Fee: -0.015%
- Taker Fee: 0.075%
- Base Initial Margin: 10.00%
- Base Maintenance Margin: 5.00%
You can trade the BANANA perpetual contract here, or refer to the full contract specs here.
About Banana Gun, the trading bot
Banana Gun (BANANA) is a Telegram-based multichain trading bot that aims to protect users from maximal extractable value (MEV) bots and certain types of scams and vulnerabilities, such as rug pulls and sandwich attacks. In addition to providing protection from malicious bots and scams, the Banana Gun bot facilitates flexible trading opportunities through auto-sniping, automated limit orders and manual swaps.
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The post Coming Soon: BANANAUSDT Perpetual Swap Listing with Up to 10x Leverage appeared first on BitMEX Blog.
