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

A new perp listing for PENGU – PENGUUSDT – will be available to trade on BitMEX, with up to 50x leverage.

Trading will start here at 04:00 UTC on 18 Dec 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.

PENGUUSDT Contract Specs

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

Key contract details for our PENGU token listing:

• Symbol: PENGUUSDT
• Margin Currency: USDT
• Contract Size: 1 PENGU 
• Lot Size: 1
• Minimum Trade Amount: 1 PENGU
• Underlying: .BPENGUT
• Max Leverage: 50x
• Maker Fee: 0.05%
• Taker Fee: 0.05%
• Base Initial Margin: 2.00%
• Base Maintenance Margin: 1.00%

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

About the PENGU Token

PENGU is the official coin of Pudgy Penguins, a leading NFT project in the crypto space. With PENGU, millions of Pudgy Penguin fans and the hundreds of millions of people outside of crypto that see and share the Pudgy Penguin every day finally have the opportunity to align themselves with the character. 

To be the first to know about our new listings, product launches, giveaways and more, we invite you to join one of our online communities and connect with other traders. 

For the absolute latest, you can also follow us on Twitter, or read our blog and site announcements. 

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

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