bitcoinisking Posted February 4, 2020 Share Posted February 4, 2020 BitMEX is set to roll out a new perpetual swap contract for the XRP cryptocurrency. The XRP/USD swap contract is going live on February 5 at 4:00 UTC. The XRP/USD contract will offer leverage of up to 50 times, according to information on the BitMEX website. “All margin is posted in Bitcoin, that means traders can go long or short this contract using only Bitcoin,” said the exchange. The new product, which is similar to BitMEX’s Bitcoin futures swap, will trade without a set expiration date in perpetuity. Each futures contract is worth $1. Users are required to pay a funding fee every eight hours. The exchange’s CEO Arthur Hayes said that he didn’t care whether or not it was called Ripple or XRP while commenting on the new addition. The only thing that mattered was that it was still worth more than zero. https://azcoinnews.com/bitmex-launches-xrp-perpetual-swap-with-up-to-50x-leverage.html Zerp_Legend 1 Link to comment Share on other sites More sharing options...
Camerpl79 Posted February 4, 2020 Share Posted February 4, 2020 Can Citizens of the United States participate in the 50X trading activity? Link to comment Share on other sites More sharing options...
Lambosexual Posted February 4, 2020 Share Posted February 4, 2020 8 hours ago, Camerpl79 said: Can Citizens of the United States participate in the 50X trading activity? No earth 1 Link to comment Share on other sites More sharing options...
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