Bitcoin trading on the BTC/USDT futures contract is similar to the existing spot market BTC/USDT contract, and is priced and settled in the same manner.
Important note: The BTC/USDT futures contract is traditionally priced and is not an inverse contract. See below for an example:
| Symbol | BTCUSDT |
|---|---|
| Base Asset | BTC |
| Quote Asset | USDT |
| Settlement Asset | USDT |
| Contract Unit | 1 BTC |
| 1 Contract Value in BTC | 1 |
| 1 Contract Value in USD | 1×BTCUSDT price |
| Tick Size | 0.01 USDT |
| Minimum Granularity | 0.001 Contract Units |
| Expiry | Perpetual |
| Initial Margin | 0.8% Base |
| Maintenance Margin | 0.4% Base |
Comments
0 comments
Article is closed for comments.