Coming Soon: POPCATUSDT Perpetual Swap Listing with Up to 10x Leverage 

A new listing – POPCATUSDT – the Solana Memecoin, will be available to trade on BitMEX, with up to 10x leverage.

Trading is expected to commence at 04:00 UTC on 24 July 2024.

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.

POPCATUSDT Contract Specs

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

Key contract details for our POPCAT token listing:

  • Symbol: POPCATUSDT
  • Margin Currency: USDT
  • Contract Size: 1 POPCAT
  • Lot Size: 10
  • Minimum Trade Amount: 10 POPCAT
  • Underlying: .BPOPCATT
  • Max Leverage: 10x
  • Maker Fee: -0.015%
  • Taker Fee: 0.075%
  • Base Initial Margin: 10.00%
  • Base Maintenance Margin: 5.00%

You can trade the POPCAT perpetual contract here, or refer to the full contract specs here.

About POPCAT, the Solana meme coin

POPCAT is a meme coin on Solana based on an internet meme that originated in October 2020, featuring two images of a domestic short-haired cat named ‘Oatmeal’. The images depict the cat with two distinct mouth positions: one with its mouth closed and the other with its mouth open in an ‘O’ shape, creating a ‘pop’ sound when toggled between rapidly.

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In the meantime, if you have any questions please contact Support who are available 24/7.

The post appeared first on Blog BitMex

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