Bitcoin- and Tether-Margined APT Listings

APTs for Bitcoin and Tether Margins Listed on BitMEX

Aptos (APT) was launched yesterday across the spot market.

Starting today at 04:00 UTC, BitMEX users will be able to trade APT Coins – up to 50x leverage – through our APTUSD and APTUSDT listings.

Aptos — A newly announced project, backed by some of the biggest names in the crypto space, aims to provide the world’s most secure and production-ready blockchain.

As mentioned earlier, the project has strong backing from some of the biggest names in the cryptocurrency space.

To execute transactions quickly and securely, its protocol uses the MOVE programming language.

Trade APTUSD and APTUSDT on BitMEX

APTUSD Dual Currency Contract Details

Like all dual currency contracts, the APTUSD product has a fixed Bitcoin multiplier regardless of the APT/USD price. This allows traders to go long or short the APT/USD rate without touching APT or the USD.

Traders can pay margin with XBT, and make profit or loss with XBT as the APT/USD exchange rate changes. This dual-currency risk premium may be one of the factors that cause APT/USD swaps to trade at a premium/discount to the APT/USD spot price.

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Main contract details of APT coin listing:

Symbol: APTUSD

Margin Currency: XBT

Bitcoin Multiplier: 0.00001 XBT (100,000 Satoshis)

XBT Contract Value: APTUSD Price * Bitcoin Multiplier (1,000 Sat / 1 USD)

Underlying Asset: .BAPT

Maximum leverage: 50x

Provide liquidity rate: -0.01%

Withdrawal liquidity fee: 0.075%

Basic starting margin: 2.00%

Basic Maintenance Margin: 1.00%

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APTUSDT Linear Contract Specifications

APTUSDT is a linear perpetual swap with USD as margin. Main contract details of APT coin listing:

Symbol: APTUSDT

Margin currency: USDT

Contract Size: 0.001 APT

Number of contracts: 1000

Minimum transaction amount: 1 APT

Underlying Asset: .BAPTT

Maximum leverage: 33.33x

Provide liquidity rate: -0.01%

Withdrawal liquidity fee: 0.075%

Basic starting margin: 3.00%

Basic Maintenance Margin: 1.50%

Trade APTUSD and APTUSDT on BitMEX