BitMEX, the popular cryptocurrency derivatives exchange, today announced the launch of a new Ripple USD (XRPUSD) swap, set to be listed on Wednesday, February, 5th 2020.
Moreover, the exchange company informed that effective Friday, January 31st, 2020 at 12:00 UTC, all BitMEX UP, and DOWN contracts will be delisted. All existing BitMEX UP and BitMEX DOWN contracts will be settled at that time and no new contracts will be listed from that time onwards.
Going forward, the BitMEX team informed users that it is now working on new products and features to be rolled out gradually over the course of the year.
Key contract specs:
- Symbol: XRPUSD
- Expiry Date: Perpetual
- Bitcoin Multiplier: 0.0002 XBT (20,000 Satoshis)
- XBT Contract Value: XRPUSD Price * Bitcoin Multiplier (20,000 Sat/$1)
- Underlying: .BXRP
- Max Leverage: 50x
- Funding Min/Max: -0.75% to 0.75%
- Session Interval: 8 hours
More Info:
BitMEX
