Dear BingX Users,

BingX will launch SHIB/USDT Coin-Margined Standard Contract at 11:00 on May 12, Singapore Time (UTC+8)

Details are as follows.

SHIB/USDT Coin-Margined Standard Contract Details

Underlying Asset

SHIB/USDT Index

Settlement Asset

SHIB

Price Quotation

USDT

Min. Price Change

0.00000001

Tired Leverage & Trading Volume Limits

1X: 3,300,000,000USDT

2X: 1,600,000,000USDT

3X - 5X: 600,000,000USDT

6X - 20X: 300,000,000USDT

Trading Fee Rate
( Charged when Closing a Position)

0.045%

Trading Hours

24/7

Settlement Time

Real-time


More Info. of SHIB: https://coinmarketcap.com/zh-tw/currencies/shiba-inu/

Notes: 

  1. For any changes to the Contract Details, please refer to the latest announcements.
  2. The leverage and limits are affected by the user’s risk level, which may vary amongst users.
  3. If the APP version number is lower than v2.31.8, users will not be able to use SHIB/USDT currency-based transactions. It is recommended that you update the APP in time.

 

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
05/11/2021