Coming Tomorrow: FTTUSDT Perpetual Swap Listing with Up to 10x Leverage
Due to its recent spike in popularity, a FTTUSDT perpetual swap with up to 10x leverage will be relisted at BitMEX tomorrow.
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. For the lowdown on the latest listing, read on.
FTTUSDT Contract Specs
FTTUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the FTX token and trade it with leverage, without needing to have any FTT holdings.
Key contract details for our FTT token listing:
Symbol: FTTUSDT
Margin Currency: USDT
Contract Size: 0.0001 FTT
Lot Size: 1000
Minimum Trade Amount: 0.1 FTT
Underlying: .BFTTT
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 FTTUSDT perpetual contract here, or refer to the full contract specs here when live.
What is FTT?
FTT is the utility token of FTX, a cryptocurrency exchange platform currently undergoing Chapter 11 proceedings in the US. Previously, users of FTX used FTT for trading fee discounts, staking rewards and access to VIP services..
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