Dear BBX users:
BBX will launch YFIUSDT perpetual swap at 09:00 August 11, 2020(GMT). Users can deposit USDT as a margin, up to 20x leverage.
YFIUSDT Perpetual Swap Specification:
| Name | YFIUSDT |
| Type | Settled in USDT, Quoted in USDT |
| Expiry Date | Perpetual |
| Maximum Leverage | 20x |
| Contract Size | 0.001 YFI |
| Min Price Increment | 0.01 USDT |
| Transaction Time | 7 x 24 h |
| Settlement | This contract is perpetual and does not settle. |
| Initial Margin Rate | 5.00% |
| Maint. Margin Rate | 2.00% |
| Auto-Deleveraging Enabled | Yes: This contract manages loss through auto-deleveraging. |
| Mark Method | FairPrice |
| Index Source | Balancer, Binance |
| Basic Risk Limit | 1,000,000 USDT |
| Risk Step | 500,000 USDT |
| Min Order Quantity | 1 |
| Max Order Quantity | 20,000 |
Taker 50% off for first 30 days
After the YFIUSDT Perpetual Swap is launched, you can enjoy Taker Fee 50% off for the first 30 days, and the Maker rate remains unchanged. The final interpretation right of this event belongs to BBX.
Risk Warning:
Cryptocurrency is an innovative investment product with high price fluctuations and high risk. Before investing, please be sure to fully understand and invest rationally.
Thanks for your support!
BBX
2020/08/10
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Enjoy Your Trading Fun!
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