A new perpetual contract listing – TONUSDT – featuring Toncoin – is now available to trade on BitMEX, with up to 20x leverage.
Trading for TONUSDT started here at 04:00 UTC on 19 August 2024.
For the lowdown on the latest listings, read on.
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TONUSDT Contract Specs
TONUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the TON token and trade it with leverage, without needing to have any TON holdings.
Key contract details for our TON token listing:
- Symbol: TONUSDT
- Margin Currency: USDT
- Contract Size: 1 TON
- Lot Size: 1
- Minimum Trade Amount: 1 TON
- Underlying: .BTONT
- Max Leverage: 20x
- Maker Fee: -0.015%
- Taker Fee: 0.075%
- Base Initial Margin: 5.00%
- Base Maintenance Margin: 2.50%
You will be able to trade the TON perpetual contract here, or refer to the full contract specs here.
About TON, The Open Network (TON) Token
The Open Network (TON) is a decentralized and open internet platform made up of several components: TON Blockchain, TON DNS, TON Storage, and TON Sites. TON Blockchain is the core protocol that connects TON’s underlying infrastructure together to form the greater TON Ecosystem.
Toncoin (TON) is the native token of the decentralized layer-1 blockchain, The Open Network (TON). The TON blockchain is an open-sourced internet platform, created by the community using a technology designed by Telegram.
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The post Now Live: TONUSDT Perpetual Swap Listing with Up to 20x Leverage appeared first on BitMEX Blog.
