Coming Soon: BERAUSDT Perpetual Swap Listing with Up to 50x Leverage
As of 7 February at 04:00 UTC, a new listing – BERAUSDT – featuring Berachain – will be available to trade on BitMEX, and with up to 50x leverage.
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.
BERAUSDT Contract Specs
BERAUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the Berachain token and trade it with leverage, without needing to have any BERA holdings.
Key contract details for our Bera token listing:
- Symbol: BERAUSDT
- Margin Currency: USDT
- Contract Size: 0.01 BERA
- Lot Size: 10
- Minimum Trade Amount: 0.1 BERA
- Underlying: .BBERAT
- Max Leverage: 50x
- Maker Fee: 0.05%
- Taker Fee: 0.05%
- Base Initial Margin: 2.00%
- Base Maintenance Margin: 1.00%
You will be able to trade the BERAUSDT perpetual contract here, or refer to the full contract specs here.
About BERA, the Berachain token
BERA serves as the native gas and staking token of Berachain, the first blockchain powered by Proof-of-Liquidity. BERA can be used to pay transaction fees on the Berachain network or for validator staking.
Berachain is an Ethereum Virtual Machine-compatible Layer 1 blockchain built on the Cosmos SDK that uses a variant of delegated proof of stake consensus called “proof of liquidity,” an attack resistance mechanism meant to harmonize staking and align incentives between security and liquidity.
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