Dear Users,
Pexpay Futures will launch ID perpetual contract at 2023-03-24 10:00 (UTC) with up to 20x leverage.
More details on ID Perpetual Contract can be found in the table below:
| ID Perpetual Contract | IDUSDT |
| Launch Time | 2023-03-24 10:00 (UTC) |
| Underlying Asset | ID |
| Settlement Asset | USDT |
| Tick Size | 0.00001 |
| Capped Funding Rate | Clamp (Funding Rate, -0.75 * Maintenance Margin Ratio, 0.75 * Maintenance Margin Ratio) |
| Max Leverage | 20x |
| Trading Hours | 24/7 |
Please note:
- Based on market risk conditions, Pexpay may adjust the specifications of the contracts from time to time, which include the tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
- IDUSDT Perpetual Contract is subject to the terms of the Pexpay Terms of Use
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Learn More
- Crypto Futures Trading: Things You Need to Know Before You Begin
- What Are the Differences between Spot Trading and Futures Trading
- How to Manage Risk and Trade Responsibly
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Risk Warning: Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where