Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
A new listing ā BLASTUSDT ā the native token of Blast Network, is now available to trade on BitMEX, with up to 10x leverage.
Trading started here at 04:00 UTC on 27 June 2024.
For the lowdown on the latest listing, read on.
If you havenāt signed up for a BitMEX account yet, weāre currently offering up to $5,000 in BMEX Tokens for verified users- you can register here.
You can already trade Blast Network via a linear futures listing BLASTUSDTZ24 ā itās margined in Tether and with up to 2x leverage.Ā
BLASTUSDT Contract Specs
BLASTUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the Blast Network token and trade it with leverage, without needing to have any BLAST holdings.
Key contract details for our BLAST token listing:
- Symbol: BLASTUSDT
- Margin Currency: USDT
- Contract Size: 1 BLAST
- Lot Size: 100
- Minimum Trade Amount: 100 BLAST
- Underlying: .BBLASTT
- 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 BLAST perpetual contract here, or refer to the full contract specs here.
About BLAST, the Blast Network Token
Blast Network (BLAST) is an Ethereum Layer 2 designed to maximise staking yields. Blastās TVL sits over 1.60 billion and is the only chain with a native stablecoin (USDB). Users receive āBlast Pointsā for participating in the Blast ecosystem activities such as bridging assets. Additionally, āBlast Goldā is distributed to dApps based on their TVL and user activity. Both have an allocation towards the upcoming airdrop scheduled for June.Ā
Blast Network is developed by Blur, the NFT marketplaceās founder, Pacman.
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.Ā
For the absolute latest, you can also follow us on Twitter, or read our blog and site announcements.Ā
In the meantime, if you have any questions please contact Support who are available 24/7.Ā
The post Now Live: BLASTUSDT Perpetual Swap Listing with Up to 10x Leverage appeared first on BitMEX Blog.
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.