Crypto derivatives trade BitMEX, announced these days the summer months rollout of listing 10 new solutions has begun commencing with – Solana (SOL).
The SOLUSDT Perpetual Swap agreement with up to 33x leverage will go stay at 04:00 UTC on Tuesday, June 1st, 2021 and is visible now testnet.
Like all BitMEX quanto contracts, the SOLUSDT item will have a mounted Bitcoin multiplier regardless of the Tether/Solana selling price. This makes it possible for traders to prolonged or shorter the SOL/USDT trade fee devoid of at any time touching either SOL or USDT.
Traders write-up margin in XBT and get paid or get rid of XBT as the SOL/USDT fee alterations. This quanto hazard high quality could be just one of the variables which outcome in the SOLUSDT swap buying and selling at a premium/price cut to the SOLUSDT location cost.
- Image: SOLUSDT
- Bitcoin Multiplier: .00001 XBT (1,000 Satoshis)
- XBT Deal Price: SOLUSDT Price tag * Bitcoin Multiplier (1,000 Sat / 1 USDT)
- Underlying: .BSOLT
- Max Leverage: 33x
- Maker Fee: -.025%
- Taker Rate: .075%
- Base Initial Margin: 3.00%
- Foundation Servicing Margin: 1.50%
The testnet contract will be noticeable on the system from 04:00 UTC on 31 May perhaps 2021 as Unlisted, 24 several hours in advance of trading commences at 04:00 UTC on 1 June 2021.