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Dear BingX Users,
BingX will launch ALGO USDT Standard Contract at 15:00 on September 30, Singapore Time (UTC+8).
Details are as follows.
|
ALGO/USDT Standard Contract Details |
|
|
Underlying Asset |
ALGO/USDT Index |
|
Settlement Asset |
USDT |
|
Price Quotation |
USDT |
|
Min. Price Change |
0.0001 |
|
Tired Leverage & Trading Volume Limits |
1x - 10x：250,000 USDT 11x - 25x：100,000 USDT 26x - 35x：50,000 USDT 36x - 50x：10,000 USDT |
|
Trading Fee Rate (Charged when Closing a Position) |
0.045% |
|
Trading Hours |
24/7 |
|
Settlement Time |
Real-time |
More Info. of ALGO: https://bingx.com/en-us/prices/algorand/
Notes:
- For any changes to the Max. Position Size, please refer to the latest announcements.
- The leverage and limits are affected by the user’s risk level, which may vary amongst users.
BingX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning:
Digital asset derivatives trading is highly leveraged and risky, and may result in partial or total loss of account funds. Before participating in contract trading, investors must ensure that they understand the nature and rules of contract trading, and decide whether participating in contract trading is profitable. Investors should base their decision on their investment experience, goals, financial status, and ability to bear risks.
BingX Operation Team
29/09/2021
