Coming Soon: IOUSDT Perpetual Swap Listing with Up to 10x Leverage
A new listing – IOUSDT – the native token of IO.NET, will be available to trade on BitMEX, with up to 10x leverage.
Trading is expected to commence at 04:00 UTC, after spot markets have opened on 11 June 2024.
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.
You can already trade IO.NET via a linear futures listing IOUSDTM24 – it’s margined in Tether and with up to 2x leverage.
IOUSDT Contract Specs
IOUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the IO token and trade it with leverage, without needing to have any IO holdings.
Key contract details for our IO token listing:
Symbol: IOUSDT
Margin Currency: USDT
Contract Size: 1 IO
Lot Size: 1
Minimum Trade Amount: 1 IO
Underlying: .BIOT
Max Leverage: 10x
Maker Fee: -0.015%
Taker Fee: 0.075%
Base Initial Margin: 10.00%
Base Maintenance Margin: 5.00%
You will be able to trade the IO perpetual contract here, or refer to the full contract specs here.
About IO, the IO.NET Token
io.net Cloud is a state-of-the-art decentralized computing network that allows machine learning engineers to access scalable distributed clusters at a small fraction of the cost of comparable centralized services.
IO is the native token of IO.NET which is expected to launch on 11 June 2024.
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In the meantime, if you have any questions please contact Support who are available 24/7.
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