Now Live: GMEUSDT Perpetual Swap Listing with Up to 10x Leverage 

A new listing – GMEUSDT – featuring GME, a Solana memecoin, is now available to trade on BitMEX, with up to 10x leverage.

Trading started here on 3 June 2024 at 12:00 UTC. For the lowdown on the latest listing, read on.

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.

GMEUSDT Contract Specs

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

Key contract details for our GME token listing:

• Symbol: GMEUSDT
• Margin Currency: USDT
• Contract Size: 1 GME
• Lot Size: 1000
• Minimum Trade Amount: 1000 GME
• Underlying: .BGMET
• Max Leverage: 10x
• Maker Fee: -0.015%
• Taker Fee: 0.075%
• Base Initial Margin: 10.00%
• Base Maintenance Margin: 5.00%

You can trade the GME perpetual contract here, or refer to the full contract specs here.

About GME, the GameStop Token

GME is a meme coin on Solana that was created as a tribute to GameStop’s short squeeze back in 2021. Its goal is to replicate the events of January 2021 – to rebel against the TradFi giants and bring power back to the community. At the same time, grow the market capitalization of GME meme coin beyond the market cap of the GameStop stock.

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The post Now Live: GMEUSDT Perpetual Swap Listing with Up to 10x Leverage  appeared first on BitMEX Blog.