Coming Soon: XPLAUSDT Perpetual Swap Listing with Up to 5x Leverage

November 08, 2023

A new listing – XPLAUSDT – featuring XPLA – the native token of the XPLA blockchain will be available to trade on BitMEX, and with up to 5 x leverage from tomorrow. XPLAUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the ARK Network token and trade it with leverage, without needing to have any XPLA holdings. XPLA is the native staking token of the Xpla blockchain – used for governance and staking. As well as trade with 5x leverage, with our Maker rebate for Tether – margined contracts, users can now receive a rebate of 1.75bps when trading XPLAUSDT.

The source of this news is from BitMEX