CCFOX officially launched DOT/ USDT perpetual swap at 18:00 (GMT+8) on November 12th, 2020, specifically supports USDT margin as settlement with up to 50 X leverage, more detailed are laid out below.
|Contract Type||Perpetual swap|
|Face value||1 DOT= 1 Cont|
|The minimum price change||0.001|
|Initial margin rate||2%|
|Maintain margin rate||1%|
|Auto De-leverage Mechanism (ADL)||Yes|
|Mark method||Reasonable mark price|
|Minimum order||1 Cont|
|Maximum order||150000 Cont|
Polkadot refers to the blockchain ecosystem based on the Polkadot chain ,which is a multi-chain application environment that enables cross-chain interoperability on a level previously unimaginable. Specifically, Polkadot aims to form a decentralized blockchain network and enable users to send more than just tokens across blockchains, and allows these networks to communicate actual data.
Risk Reminder: Digital asset is an innovative investment product especially for perpetual swap, it’s price fluctuates greatly when trading with a high leverage that might not suitable for some investors, please rationally judge your investment ability and make decisions prudently.
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November 12, 2020