Dear BBX users:
BBX will delist the IOST margined swap at 17:00 (GMT+8) on October 12, 2020, and will also launch IOSTUSDT perpetual swap. The swap is settled by USDT margin and supports up to 20 times leverage.
IOSTUSDT Perpetual Swap Specification:
| Name | IOSTUSDT |
| Type | Settled in USDT, Quoted in USDT |
| Expiry Date | Perpetual |
| Maximum Leverage | 20x |
| Contract Size | 100 IOST |
| Min Price Increment | 0.00001 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 | OKEx, Huobi, Binance |
| Basic Risk Limit | 500,000 USDT |
| Risk Step | 200,000 USDT |
| Min Order Quantity | 1 |
| Max Order Quantity | 200,000 |
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
2020/10/10
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Enjoy Your Trading Fun!
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