Now Live: MOVEUSDT Perpetual Swap Listings With Up to 50x Leverage

A new perp listing for MOVE –the native token of Movement– MOVEUSDT – is now available to trade on BitMEX, with up to50xleverage.

Trading started here at04:00 UTCon10 Dec2024.

If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000 in BMEX Tokens for verified users- you can register here.

MOVEUSDTContract Specs

MOVEUSDTis a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the MOVE token and trade it with leverage, without needing to have any MOVE holdings.

Key contract details for our MOVE token listing:

• Symbol:MOVEUSDT

• Margin Currency: USDT

• Contract Size: 1 MOVE

• Lot Size: 10

• Minimum Trade Amount: 10 MOVE

• Underlying:.BMOVET

• Max Leverage: 50x

• Maker Fee: 0.05%

• Taker Fee: 0.05%

• Base Initial Margin: 2.00%

• Base Maintenance Margin: 1.00%

You can trade theMOVEperpetual contract here, or refer to the full contract specs here.

About MOVE, the native token of Movement

MOVE is the native token of Movement, an Ethereum layer-2 network. Movement offers exceptionally high transaction throughput, near-instant finality, and modular customizations for specific use cases. These features make the network an attractive option for developers looking to build scalable, secure, and efficient blockchain applications.

The maximum supply of MOVE is 10 billion, with 10% of that being allocated to early users and community. 22.5% of tokens have also been set aside for investors.

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