AscendEX Launches Perpetual Futures Contracts for AKT-Perp and XPRT-Perp
AscendEX is excited to launch perpetual futures contracts for AKT-Perp and XPRT-Perp on Oct. 21 at 1:00 a.m. UTC, 2021. The AKT-Perp and XPRT-Perp perpetual futures contracts are denominated and settled in USDT with available leverage up to 50x.
AscendEX now accepts AKT, XPRT, as well as staked AKT-S and XPRT-S as multi-collateral assets for trading perpetual futures contracts. AKT and XPRT are discounted by 20% in value when it is used as collateral for futures trading. For example, if AKT is priced at 3 USDT, and users deposit 10 AKT into their Futures account, only 24 USDT worth of AKT can be used as collateral in the calculation of the initial margin rate and maintenance margin rate.
Users can deposit AKT and XPRT in their futures account to be used as collateral when trading all USDT-margined Futures. Other supported assets include 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 and XTZ.
For details please read:
Thank you for the continued support!
The AscendEX Team
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