A new listing – AERGOUSDT – featuring Aergo – the AERGO Token, will be available to trade on BitMEX, and with up to 10x 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.
AERGOUSDT Contract Specs
AERGOUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the Aergo Network Token and trade it with leverage, without needing to have any AERGO holdings.
Key contract details for our AERGO token listing:
- Symbol: AERGOUSDT
- Margin Currency: USDT
- Contract Size: 1 AERGO
- Lot Size: 10
- Minimum Trade Amount: 10 AERGO
- Underlying: .BAERGOT
- Max Leverage: 10x
- Maker Fee: -0.015%
- Taker Fee: 0.02%
- Base Initial Margin: 10.00%
- Base Maintenance Margin: 5.00%
You will be able to trade the AERGOUSDT perpetual contract here, or refer to the full contract specs here.
About AERGO – the Aergo Token
Aergo is an open-source enterprise blockchain platform optimised for hybrid deployments – it consists of both permissioned and permissionless blockchain architectures. It is best suited and celebrated for enterprise use.
Private blockchains on the Aergo platform run on a Proof-of-Authority consensus mechanism powered-RAFT algorithm, while the public blockchain network, the Aergo mainnet, runs on a Byzantine Fault-Tolerant Delegated Proof-of-Stake mechanism.
The platform is built and utilized by Blocko, the Samsung-backed South Korean blockchain technology company that has deployed production blockchain solutions for large-scale clients including Lotte Card, Shinhan Bank, Korea Exchange, Hyundai Motors, and more. AERGO tokens will be required for Blocko’s future work.
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