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In addition to our already live futures contract (CYBERUSDTQ23), BitMEX users are now able to trade the CYBER perpetual swap contract (CYBERUSDT), with up to 33x leverage.
Cyber Connect (CYBER) is one of Web3’s biggest decentralized social networks. CYBERUSDT is available to trade here, or for a deeper look, read on.
If you haven’t yet signed up for a BitMEX account, you can do so here.
About the CYBER Token
Cyber Connect (CYBER) is one of Web3’s earliest and biggest decentralized social networks. It enables developers to create social applications that empower users to own their; digital identity, content, connections, and monetization channels.
Cyber Connect consists of three main features:
- CyberProfile: a decentralized identity standard that provides access to Web3.
- Social Graph: links digital identity, data, content and friends.
- CyberWallet: smart contract wallet that stores digital assets securely.
CYBER Linear Perpetual Swap Contract Specs
CYBERUSDT is a linear perpetual swap contract, margined in USDT (ERC-20), with up to 33x leverage.
CYBER contract details:
- Symbol: CYBERUSDT
- Margin Currency: USDT
- Contract Size: 1 CYBER
- Lot Size: 10
- Minimum Trade Amount: 10 CYBER
- Underlying: .BCYBERT
- Max Leverage: 33x
- Risk limit: 1,000,000 USDT
- Maker Fee: 0.02%
- Taker Fee: 0.075%
- Base Initial Margin: 3.00%
- Base Maintenance Margin: 1.50%
Users are now able to trade the CYBERUSDT perpetual contract here, or check out the full contract specs here.
If you don’t have a BitMEX account yet, you can register here to create one. Currently, new joiners can earn up to 10,000 BMEX Tokens.
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The post Now Live: Tether-Margined CYBER Perpetual Swap Contract appeared first on BitMEX Blog.
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Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.