Coming Soon: Bitcoin- Margined TURBO Listing

May 25, 2023

Tomorrow, TURBO will arrive at BitMEX via a new listing – TURBOUSD, with up to 50x leverage, making this new contract one of the highest max position sizes in the industry. Turbo Token features a futuristic toad mascot and has gained momentum from the enthusiasm of its community. TURBOUSD Quanto Contract SpecsAs with all quanto contracts, the TURBOUSD product has a fixed Bitcoin multiplier, regardless of the TURBO/USD price. This allows traders to long or short the TURBO/USD exchange rate without ever touching TURBO or USD. Traders can post margin in XBT, and earn or lose in XBT as the TURBO/USD rate changes.

The source of this news is from BitMEX