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GMT Perpetual Contract and ZEN Perpetual Contract is Now Available on Toobit Futures

Toobit

Toobit Futures launched the GMT Perpetual Contract and ZEN Perpetual Contract on Jan 16th, 2024 (UTC), with up to 50 leverage.

ZENUSDT&GMTUSDT_EN_WEB.png

More details on the GMT Perpetual Contract and ZEN Perpetual Contract can be found in the table below:

USDⓈ-M Perpetual Contract GMTUSDT ZENUSDT
Launch Time 09:31am (UTC) Jan 18th, 2024 09:35am (UTC) Jan 18th, 2024
Underlying Asset GMT ZEN
Settlement Asset USDT USDT
Tick Size 0.0001 0.001
Capped Funding Rate 0.7500% / -0.7500% 0.7500% / -0.7500%
Funding Fee Settlement Frequency Every eight hours Every eight hours
Maximum Leverage 50x 50x
Trading Hours 24/7 24/7
Please Note:

  • The maximum funding rate of the GMT Perpetual Contract at the time of launch is 0.7500% / -0.7500%.

  • The maximum funding rate of the ZEN Perpetual Contract at the time of launch is 0.7500% / -0.7500%

Based on market risk conditions, Toobit may adjust the specifications of the GMT and ZEN 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.
 
More Listing Information:

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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.

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 our Terms of Use and Risk Warning.

 

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