Coming Soon: ZKUSDT Perpetual Swap Listing with Up to 10x Leverage

A new listing – ZKUSDT – the native token of zkSync, will be available to trade on BitMEX, with up to 10x leverage.

Trading is expected to commence at 12:00 UTC, shortly after spot markets have opened on 17 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 zkSync via a linear futures listing ZKUSDTZ24 – it’s margined in Tether and with up to 2x leverage. 

ZKUSDT Contract Specs

ZKUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the zkSync token and trade it with leverage, without needing to have any ZK holdings.

Key contract details for our ZK token listing:

Symbol: ZKUSDT
Margin Currency: USDT
Contract Size: 1 ZK
Lot Size: 10
Minimum Trade Amount: 10 ZK
Underlying: .BZKT
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 ZK perpetual contract here, or refer to the full contract specs here.

About ZK, the zkSync Token

zkSync is a Layer-2 protocol that scales Ethereum with cutting-edge ZK tech. Their mission is to not only increase Ethereum’s throughput but to fully preserve its foundational values – freedom, self-sovereignty, decentralization – at scale.

ZK is the native token of zkSync which is expected to launch on 17 June 2024.

To be the first to know about our new listings, product launches, giveaways and more, we invite you to join one of our online communities and connect with other traders. 

For the absolute latest, you can also follow us on Twitter, or read our blog and site announcements

In the meantime, if you have any questions please contact Support who are available 24/7. 

The post Coming Soon: ZKUSDT Perpetual Swap Listing with Up to 10x Leverage appeared first on BitMEX Blog.

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