A new listing – XPLAUSDT – featuring XPLA – the native token of the XPLA blockchain will be available to trade on BitMEX, and with up to 5x leverage from tomorrow.
For the lowdown on the latest listing, read on.
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.
XPLAUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the ARK Network token and trade it with leverage, without needing to have any XPLA holdings.
Key contract details for our XPLA token listing:
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Symbol: XPLAUSDT
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Margin Currency: USDT
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Contract Size: 1 XPLA
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Lot Size: 10
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Minimum Trade Amount: 10 XPLA
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Underlying: .BXPLAT
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Max Leverage: 5x
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Maker Fee: -0.0175%
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Taker Fee: 0.075%
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Base Initial Margin: 10.00%
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Base Maintenance Margin: 20.00%
You will be able to trade the XPLAUSDT perpetual contract here, or refer to the full contract specs here.
What is XPLA?
Xpla is an open-source blockchain designed to host a vibrant ecosystem of decentralised applications (dApps) and top-tier developer tools. XPLA is the native staking token of the Xpla blockchain – used for governance and staking.
As well as trade with 5x leverage, with our Maker rebate for Tether – margined contracts, users can now receive a rebate of 1.75bps when trading XPLAUSDT.
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In the meantime, if you have any questions please contact Support who are available 24/7.
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