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Bexplus exchange start to launch BTC/USDT Perpetual Contracts

2018/10/29 06:29:09

Dear Investors,

Bexplus exchange starts to launch BTC/USDT Perpetual Contracts, sincerely welcome investors to use and trade. 

Bitcoin (BTC) is a digital currency. Bitcoins can be transferred through a computer or smartphone without an intermediate financial institution. The processing of bitcoin transactions is automated by servers called bitcoin miners. These servers communicate over an internet-based network and confirm transactions by adding them to a ledger which is updated and archived periodically. 

Bexplus Perpetual Contract is the trading product similar to traditional Futures Contract. But does not have a expiry date, so investors can hold a position for as long as they like. Perpetual Contract trade like spot, tracking the underlying Index Price closely. Investors can trade to assigned market makers with up to 100X leverage. 


BTC/USDT Perpetual Contract descriptions 

BTC/USDT 

Name: BTCUSDT 

Contract Standard: BTC 

Contract from: Perpetual Contract (BTC as the trading currency) 

Price unit: USDT 

Maximum leverage: 100X 

Contract size: 1contract=1BTC

Profit/loss formula: long position= (current position value-opening position value) *Contract size*Contract volume Short position= (opening position value-current position value)*Contract size*Contract volume