Toobit Futures launched the BSV Perpetual Contract on Jan 12th, 2024 (UTC), with up to 50 leverage.
More details on the BSV Perpetual Contract can be found in the table below:
| USDS-M Perpetual Contract | BSVUSDT |
| Launch Time | 08:25am (UTC) Jan 12th,2024 |
| Underlying Asset | BSV |
| Settlement Asset | USDT |
| Tick Size | 0.01 |
| Capped Funding Rate | 2% /-2% |
| Funding Fee Settlement Frequency | Every four hours |
| Maximum Leverage | 50x |
| Trading Hours | 7x24 |
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The maximum funding rate of the BSV Perpetual Contract at the time of launch is 2% / -2%.
Based on market risk conditions, Toobit may adjust the specifications of the MAV and RDNT Perpetual Contract from time to time, which may include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
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There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
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