Coming Soon: XAIUSDT Perpetual Swap Listing

XAIUSDT, our second listing featuring XAI – the native token of Xai Network, a gaming blockchain, will be available to trade on BitMEX, with up to 10x leverage tomorrow.

You can already trade XAIUSDTF24 –  the first-ever Xai Network futures contract margined in Tether here

For a deeper look at our new Xai Network listing, and more on the XAI Token, 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.

XAIUSDT Contract Specs

XAIUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the XAI token and trade it with leverage, without needing to have any XAI holdings.

Key contract details for our XAI token listing:

    • Symbol: XAIUSDT
    • Margin Currency: USDT
    • Contract Size: 1 XAI
    • Lot Size: 10
    • Minimum Trade Amount: 10 XAI
    • Underlying: .BXAIT
    • Max Leverage: 10x
    • Maker Fee: -0.0175%
    • Taker Fee: 0.075%
    • Base Initial Margin: 10.00%
    • Base Maintenance Margin: 5.00% 

About XAI, Xai Network Token

A Binance Launchpool project, Xai Network is a gaming blockchain built on top of Arbitrum as its first Layer-3. The project was built to enable open trade in the next generation of video games – potentially allowing billions of traditional gamers to own and trade valuable in-game items without the need to interact with crypto-wallets. 

The project is expected to launch on Binance Launchpool on 9 January at 10:00 UTC. 

You will be able to trade the XAIUSDT contract here, or refer to the full contract specs here

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.  For the absolute latest, you can also follow us on Twitter, or read our blog and site announcements for the absolute latest. 

The post appeared first on Blog BitMex

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