Coming Soon: Bitcoin- and Tether – Margined FLR Listings

January 11, 2023

In addition to our already live futures contract (FLRUSDTH23), BitMEX users will be able to trade FLR with up to 50x leverage via two new listings – FLRUSD and FLRUSDT – from 04:00 UTC tomorrow. FLRUSD Quanto Contract SpecsAs with all quanto contracts, the FLRUSD product has a fixed Bitcoin multiplier, regardless of the FLR/USD price. This allows traders to long or short the FLR/USD exchange rate without ever touching FLR or USD. Traders can post margin in XBT, and earn or lose in XBT as the FLR/USD rate changes. FLRUSDT Linear Contract SpecsFLRUSDT is a linear perpetual swap, margined in USDT.

The source of this news is from BitMEX