Why do some meme coins have “1000” added before their names in futures contracts?
In Binance USDⓈ-M futures, contracts like 1000PEPEUSDT, 1000SHIBUSDT, and 1000BONKUSDT are quoted based on the price of 1,000 tokens.
Before trading contracts like 1000PEPEUSDT, remember to calculate your position size in units of 1,000 tokens.
$PEPE corresponds to the trading pair 1000PEPEUSDT on Binance USDⓈ-M futures.
When did you figure this out?
#PEPE
In Binance USDⓈ-M futures, contracts like 1000PEPEUSDT, 1000SHIBUSDT, and 1000BONKUSDT are quoted based on the price of 1,000 tokens.
Before trading contracts like 1000PEPEUSDT, remember to calculate your position size in units of 1,000 tokens.
$PEPE corresponds to the trading pair 1000PEPEUSDT on Binance USDⓈ-M futures.
When did you figure this out?
#PEPE