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Bexplus exchange start to launch LTC/USDT Perpetual Contracts

2018/10/29 07:03:04

Dear Investors, 

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

Litecoin (LTC) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. Litecoin was an early bitcoin spinoff or altcoin, In technical details, litecoin is nearly identical to Bitcoin. 

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. 


LTC/USDT Perpetual Contract descriptions 

LTC/USDT 

Name: LTCUSDT 

Contract Standard: LTC

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

Price unit: USDT 

Maximum leverage: 100X 

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