[BitMEX] Better Late than Tether: USDT-Margined Contracts Now Live in Testnet ahead of November Launch
Today, we listed new linear perpetual swaps and futures in Testnet which are margined and settled in USDT. They are live in Testnet now – and full functionality for USDT trading will launch in November.
To allow users to prepare for and test trading strategies for the full launch, each USDT deposit address created in Testnet will receive 100,000 USDT_T2 (our form of Testnet USDT).
Please see below the details of the new contracts available in Testnet.
|
Contract |
Contract Type |
Contract Size |
Max Order Quantity |
Lot Size |
Minimum Trade Amount |
Initial Margin |
Maintenance Margin |
|
XBTUSDT |
Linear Perpetual |
0.000001 XBT |
1,000,000,000 |
1000 |
0.001 XBT |
1.00% |
0.50% |
|
XBTUSDTZ21 |
Linear Futures |
0.000001 XBT |
1,000,000,000 |
1000 |
0.001 XBT |
1.00% |
0.50% |
|
ETHUSDT |
Linear Perpetual |
0.00001 ETH |
1,000,000,000 |
1000 |
0.01 ETH |
2.00% |
1.00% |
|
XRPUSDT |
Linear Perpetual |
0.01 XRP |
1,000,000,000 |
1000 |
10 XRP |
3.00% |
1.50% |
|
LTCUSDT |
Linear Perpetual |
0.0001 LTC |
1,000,000,000 |
1000 |
0.1 LTC |
3.00% |
1.50% |
|
BCHUSDT |
Linear Perpetual |
0.00001 BCH |
1,000,000,000 |
1000 |
0.01 BCH |
3.00% |
1.50% |
We’re delighted to announce this change, which will create a more well-rounded product offering on BitMEX. We’ll be unveiling more on our USDT plans as the go-live date in November approaches. If you have any questions, please contact our Support team who will be happy to help.