Dear BTCEX Users,
BTCEX will launch USDT-Margined FTTBNB Perpetual Contracts at 10:30 AM 2022-11-8 (UTC).
The FTTBNB-USDT perpetual contracts are USDT-Margined futures contracts that use USDT as collateral. Users will be able to select between 1-25x leverage. Trade Now >>
About FTTBNB-USDT Perpetual
FTTBNB-USDT Perpetual reflects the strong and weak relation between FTT-USDT Perpetual and BNB-USDT Perpetual.
BTCEX follows an algorithm to calculate the price of FTTBNB-USDT Perpetual. Generally speaking, the price of FTTBNB-USDT Perpetual will pump when FTT has a stronger price trend than BNB. And the price of FTTBNB-USDT Perpetual will dump when FTT has a weaker price trend than BNB.
FTTBNB-USDT Perpetual’s initial opening price is 1, and the price ranges from 0.001 to positive infinity. BTCEX has the right to suspend FTTBNB-USDT Perpetual when one of the underlying markets is extremely volatile. Trading FTTBNB-USDT Perpetual allows traders to stay 100% exposed to crypto while taking advantage of changes in FTT and BNB prices whenever prices are not as correlated with each other.
Risk Warning: There are significant risks in trading cryptocurrency. Please carry out investment operations according to your actual situation. This information is not financial or investment advice from BTCEX, and BTCEX will not be responsible for your trading losses.
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