Dear BTCEX Users,
BTCEX will launch USDT-Margined BNBFTT Perpetual Contracts at 3:30 AM 2022-11-9 (UTC).
The BNBFTT-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 >>
BNBFTT-USDT Perpetual reflects the strong and weak relation between BNB-USDT Perpetual and FTT-USDT Perpetual.
BTCEX follows an algorithm to calculate the price of BNBFTT-USDT Perpetual. Generally speaking, the price of BNBFTT-USDT Perpetual will pump when BNB has a stronger price trend than FTT. And the price of BNBFTT-USDT Perpetual will dump when BNB has a weaker price trend than FTT.
BNBFTT-USDT Perpetual’s initial opening price is 1, and the price ranges from 0.001 to positive infinity. BTCEX has the right to suspend BNBFTT-USDT Perpetual when one of the underlying markets is extremely volatile.
Trading BNBFTT-USDT Perpetual allows traders to stay 100% exposed to crypto while taking advantage of changes in BNB and FTT 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.
Thanks for your support!
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