Coming Soon: FETUSD Perpetual Swap Listing with Up to 10x Leverage

November 29, 2023

A new listing featuring – FET – the token of Fetch.AI will be available to trade on BitMEX, and with up to 10x leverage from tomorrow. FETUSD Quanto Contract SpecsAs with all quanto contracts, the FETUSD product has a fixed Bitcoin multiplier, regardless of the FET/USD price. Traders can post margin in XBT, and earn or lose in XBT as the FET/USD rate changes. This quanto risk premium may be one of the factors that results in the FETUSD swap trading at a premium/discount to the FETUSD spot price. About FET – the Fetch.AI Token.

The source of this news is from BitMEX