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MEME & ORDI Perpetual Contract is Now Available on Toobit Futures

Toobit
Dear Toobit Users,
MEMEUSDT&ORDIUSDT_EN_TW.png
Toobit Futures launched the MEME Perpetual Contract and ORDI Perpetual Contract at 01:15 pm, Nov 21st, 2023 (UTC), with up to 50 leverage.
 

More details on the MEME & ORDI Perpetual Contract can be found in the table below:

USDⓈ-M Perpetual Contract MEMEUSDT
Launch Time 01:15pm (UTC) Nov 21st, 2023
Underlying Asset MEME
Settlement Asset USDT
Tick Size 0.000001
Capped Funding Rate 0.7500% / -0.7500%
Funding Fee Settlement Frequency Every four hours
Maximum Leverage 50x
Trading Hours 24/7
USDⓈ-M Perpetual Contract ORDIUSDT
Launch Time 01:15pm (UTC) Nov 21st, 2023
Underlying Asset ORDI
Settlement Asset USDT
Tick Size 0.001
Capped Funding Rate

0.7500% / -0.7500%
Funding Fee Settlement Frequency Every four hours
Maximum Leverage 25x
Trading Hours 24/7
Please Note:
  • The maximum funding rate of the MEME Perpetual Contract at the time of launch is 0.7500% / -0.7500%.
  • The maximum funding rate of the ORDI Perpetual Contract at the time of launch is 0.7500% / -0.7500%
  • The funding fee settlement frequency is every 4 hours.
Settlement Time
2023-11-21 16:00 (UTC)
2023-11-21 20:00 (UTC)
2023-11-22 00:00 (UTC)
2023-10-22 04:00 (UTC)
..............
Based on market risk conditions, Toobit may adjust the specifications of the MEME & ORDI Perpetual Contract from time to time, which may include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
 
We at Toobit would like to thank you for your continuous support. Toobit believes in building a crypto ecosystem in a way that promotes transparency and long-term, sustainable growth, and we implore you to undergo this journey with us. Trade safely and wisely.
 
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Toobit reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reason without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Toobit is not liable for any losses that might arise from your use of Margin. This information should not be regarded as financial or investment advice. For more information, see ourTerms of Use and Risk Warning

 

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