AscendEX is excited to launch perpetual futures contracts for MASKUSDT, BANDUSDT, OPUSDT, JASMYUSDT and SFPUSDT on Dec. 7, 3:00 AM UTC, 2022. The MASK, BAND, OP, JASMY and SFP perpetual futures contracts are denominated and settled in USDT with available leverage up to 5x.
AscendEX now accepts MASK, BAND, OP, JASMY and SFP as multi-collateral assets for trading perpetual futures contracts. MASK, BAND, OP, JASMY and SFP are discounted by 20% in value when it is used as collateral for futures trading. For example, if MASK is priced at 4 USDT, and users deposit 1 MASK into their Futures accounts, only 3.2 USDT worth of MASK can be used as collateral in the calculation of the initial margin rate and maintenance margin rate.
Users can deposit MASK, BAND, OP, JASMY and SFP in their futures account to be used as collateral when trading all USDT-margined Futures, other than USDT, USDC, USDP, BTC, ETH, ADA, ATOM, BCH, BNB, BSV, DOT, EOS, LINK, LTC, MATIC, TRX, UNI, XRP, ALGO, BAND, CSPR, DOGE, EGLD, ETC, FIL, FTT, IOST, KAVA, ONE, SOL, SRM, VET, WOO, XLM, XTZ, AKT, XPRT, SHIB, FTM, OMI, FIDA, ZIL, APE, AVAX, NEAR, AXS, RVN, REEF, GMT, CHZ, DYDX and FLOW.
For details please read:
1. AscendEX Perpetual Futures Contract Info
2. Transaction Fee for Perpetual Futures Contract
Thank you for the continued support!
The AscendEX Team
Telegram Group: https://t.me/AscendEXEnglish