AscendEX is thrilled to accept DOGE, SOL, and EGLD as multi-collateral assets for perpetual futures contracts starting 2:00 a.m. UTC on Aug 25, 2021. DOGE, SOL, and EGLD are discounted by 20% when they are used as collateral for futures trading. For example, if DOGE is priced at 0.3 USDT, and users deposit 10 DOGE into their Futures account, only 2.4 USDT worth of DOGE will be used as collateral in the calculation of the initial margin rate and maintenance margin rate.
Users can deposit DOGE, SOL and EGLD in their futures account to be used as collateral when trading all USDT-margined Futures, other than USDT, USDC, PAX, BTC, ETH, LINK, BCH, DOT, XRP, BNB, MATIC, TRX, ADA, FIL, FTT, ETC, VET, UNI, LTC, ATOM, EOS, and BSV.
Thank you for the continued support!
The AscendEX Team