Toobit Futures launched the XTZ,BNX,IOTA,KAVA,EGLD Perpetual Contracts , with up to 50 leverage.
More details on the multiple Perpetual Contracts can be found in the table below:
| USDⓈ-M Perpetual Contract | XTZUSDT | BNXUSDT | IOTAUSDT |
........ |
| Underlying Asset | XTZ | BNX | IOTA | |
| Settlement Asset | USDT | USDT | USDT | |
| Tick Size | 0.001 | 0.0001 | 0.0001 | |
| Capped Funding Rate |
1.1250% / -1.1250%
|
3.0000% / -3.0000%
|
2.0000% / -2.0000%
|
|
| Funding Fee Settlement Frequency | every 8 hours | every 8 hours | every 8 hours | |
| Maximum Leverage | 50x |
20x |
50x |
-
The maximum funding rate of the XTZ Perpetual Contract at the time of launch is 1.1250% / -1.1250%
-
The maximum funding rate of the BNX Perpetual Contract at the time of launch is 3.0000% / -3.0000%
-
The maximum funding rate of the IOTA Perpetual Contract at the time of launch is 2.0000% / -2.0000%
Based on market risk conditions, we may adjust the specifications of the multiple Perpetual Contracts 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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Toobit reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reason without prior notice.