On 25 Oct 2024 at 04:00 UTC, a new perp listing for X – the X Empire Token – XUSDT – is now available to trade on BitMEX, with up to 50x leverage.
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.
XUSDT Contract Specs
XUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the X token and trade it with leverage, without needing to have any X holdings.
Key contract details for our X token listing:
- Symbol: XUSDT
- Margin Currency: USDT
- Contract Size: 1 X
- Lot Size: 1000
- Minimum Trade Amount: 1000 X
- Underlying: .BXT
- Max Leverage: 50x
- Maker Fee: 0.05%
- Taker Fee: 0.05%
- Base Initial Margin: 2.00%
- Base Maintenance Margin: 1.00%
You can trade the X perpetual contract here, or refer to the full contract specs here.
About X, the X Empire Token
Launched on 24 Oct 2024, X is the native token of X Empire, a popular tap-to-earn game themed around Elon Musk that runs on Telegram and utilizes The Open Network (TON) blockchain. X Empire players earn points by repeatedly tapping their phones and can exchange these points for cryptocurrency. Despite not being officially endorsed by Musk, the game has successfully attracted millions of users, leveraging Musk’s brand to appeal to his fandom and the crypto gaming community.
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