Bexplus exchange start to launch ETH/USDT Perpetual Contracts, sincerely welcome investors to use and trade.
Ethereum(ETH) is a decentralized block chain platform to provide is a blockchain with a built-in fully fledged Turing-complete programming language that can be used to create "contracts" that can be used to encode arbitrary state transition functions, allowing users to create any of the systems described above, as well as many others that we have not yet imagined, simply by writing up the logic in a few lines of code.
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.
ETH/USDT Perpetual Contract descriptions ETH/USDT
Contract Standard: ETH
Contract from: Perpetual Contract (ETH as the trading currency)
Price unit: USDT
Maximum leverage: 100X
Contract size: 1contract=1ETH
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