Coming Soon: MOODENGUSDT Perpetual Swap Listings With Up to 50x Leverage

A new perp listing for MOODENG – a Solana memecoin – MOODENGUSDT – will be available to trade on BitMEX, with up to 50x leverage.

Trading will start here at 04:00 UTC on 4 Oct 2024.

If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you can register here.

MOODENGUSDT Contract Specs

MOODENGUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the MOODENG token and trade it with leverage, without needing to have any MOODENG holdings.

Key contract details for our MOODENG token listing:

• Symbol: MOODENGUSDT
• Margin Currency: USDT
• Contract Size: 1 MOODENG 
• Lot Size: 10
• Minimum Trade Amount: 10 MOODENG
• Underlying: .BMOODENGT
• Max Leverage: 50x
• Maker Fee: -0.015%
• Taker Fee: 0.075%
• Base Initial Margin: 2.00%
• Base Maintenance Margin: 1.00%

You will be able to  trade the MOODENG perpetual contract here, or refer to the full contract specs here.

About MOODENG, a Solana memecoin

MOODENG is a meme coin on SOL, the image is based on the recent popularity of a baby hippo named Moo Deng in Thailand. The memecoin was formally introduced on Pump.fun in 11 September 2024, attracting the attention of traders and crypto aficionados looking to invest in the latest animal-themed asset, making it one of the fastest-growing memecoins this year.

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In the meantime, if you have any questions please contact Support who are available 24/7. 

The post Coming Soon: MOODENGUSDT Perpetual Swap Listings With Up to 50x Leverage appeared first on BitMEX Blog.