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

A new listing featuring – WOO – the token of WOO Network 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.

Contract Specs

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

Key contract details for our WOO token listing:

  • Symbol: WOOUSDT
  • Margin Currency: USDT
  • Contract Size: 1 WOO
  • Lot Size: 10
  • Minimum Trade Amount: 10 WOO
  • Underlying: .BWOOT
  • 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 WOOUSDT perpetual contract here, or refer to the full contract specs here.

About WOO – the WOO Network Token

WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratised access to the best-in-class liquidity and trading execution at lower or zero cost. WOO Token is used in the network’s CeFi and DeFi products for staking and fee discounts. Presently, a diverse set of products and services interfacing retail, institutions, CeFi, and DeFi, have been built using WOO. 

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

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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