Wallets&Exchanges

Now Live: XAIUSDT Perpetual Swap Listing

XAIUSDT, our second listing featuring XAI – the native token of Xai Network, a gaming blockchain, is now available to trade on BitMEX, with up to 10x leverage.

You can already trade XAIUSDTF24 –  the first-ever Xai Network futures contract margined in Tether here

Trading for XAIUSDT began here at 12:00 UTC, or read on for a deeper look at our new Xai Network listing. 

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.

XAIUSDT Contract Specs

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

Key contract details for our XAI token listing:

Symbol: XAIUSDT
Margin Currency: USDT
Contract Size: 1 XAI
Lot Size: 10
Minimum Trade Amount: 10 XAI
Underlying: .BXAIT
Max Leverage: 10x
Maker Fee: -0.0175%
Taker Fee: 0.075%
Base Initial Margin: 10.00%
Base Maintenance Margin: 5.00% 

About XAI, Xai Network Token

A Binance Launchpool project, Xai Network is a gaming blockchain built on top of Arbitrum as its first Layer-3. The project was built to enable open trade in the next generation of video games – potentially allowing billions of traditional gamers to own and trade valuable in-game items without the need to interact with crypto-wallets. 

The project is expected to launch on Binance Launchpool on 9 January at 10:00 UTC. 

You can trade the XAIUSDT contract here, or refer to the full contract specs here

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 for the absolute latest. 

The post Now Live: XAIUSDT Perpetual Swap Listing appeared first on BitMEX Blog.

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