Coming Soon: PORTALUSDT Perpetual Swap Listing with Up to 10x Leverage
A new listing – PORTALUSDT – featuring PORTAL, a cross-chain gaming platform, will be available to trade on BitMEX, and with up to 10x leverage later this week.
Trading is expected to commence shortly after 10:00 UTC once spot markets have opened. 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 PORTAL via a linear futures listing PORTALUSDTH24 – it’s margined in Tether and with up to 2x leverage here.
PORTALUSDT Contract Specs
PORTALUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the Portal token and trade it with leverage, without needing to have any PORTAL holdings.
Key contract details for our PORTAL token listing:
Symbol: PORTALUSDT
Margin Currency: USDT
Contract Size: 1 PORTAL
Lot Size: 1
Minimum Trade Amount: 1 PORTAL
Underlying: .BPORTALT
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 PORTALUSDT perpetual contract here, or refer to the full contract specs here.
About PORTAL, the Portal Token
Portal is a web3 gaming network that unites games and gamers from various blockchain networks on its cross-chain token platform.
Portal’s technology delivers gamer access and game distribution for a vast array of titles, paving the way for a smooth transition for Web2 gamers into the Web3 universe. PORTAL is the native utility and governance token of the Portal platform, which users can use within games, purchase NFTs, use in marketplaces, and more.
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