ApeCoin (APE) has arrived to the BitMEX ecosystem.
USDT-Margined APECoin with up to 33x Leverage
Fans of the Boring Ape Yacht Club – look no further. ApeCoin (APE) has entered the BitMEX ecosystem.
BitMEX’s USDT-margined APE perpetual contracts are now live and tradable. Users will be able to choose leverage up to 33x – one of the highest leverages ApeCoin offers in the derivatives space.
Invest in ApeCoin (APE) on BitMEX
APEUSDT Perpetual Contract Details
BitMEX’s new APEUSDT contract is now tradable. The contract details are as follows:
- Contract size: 0.001 APE (currently ***USDT) (USDT multiplier is 1,000)
- Contract Type: This is a perpetual contract, meaning it will not settle. Note: This contract is applicable to early settlement.
- Release Date and Time: March 22, 04:00 UTC
- Effort: 1,000
- Initial Margin: 3.00% + Liquidity Fee for Opening a Position + Liquidity Fee for Closing a Position
- Maximum leverage: 33x
- Maximum number of orders: 1,000,000,000
- Maintenance Margin: 1.50% + Liquidity withdrawal fee for liquidation
- Minimum transaction amount: 1 APE
- Settlement: Settlement and quotation in USDT (ERC-20)
Go to BitMEX’s Official Website
About ApeCoin (APE)
ApeCoin is an ERC-20 governance and utility token for culture, gaming and commerce. Owned and operated by the ApeCoin DAO, the token is used in the APE ecosystem to empower a decentralized community at the forefront of Web 3.0. Yuga Labs, creators of the Boring Ape Yacht Club (BAYC), will adopt APE as its primary token in all new projects.
APE Token Distribution
The total supply of ApeCoin is permanently fixed at 1 billion APE. APE tokens will be distributed among four main groups:
- 62% will be allocated to the Ecosystem Fund, which includes NFT holders and treasury/resources for BAYC and the Mutant Ape Yacht Club (MAYC).
- 16% will be allocated to Yuga Labs and Jane Goodall Legacy Foundation.
- 14% will be allocated to startup contributors.
- 8% will be allocated to the four founders of Yuga Labs and BAYC.
Are you ready for APE in?
Start trading APEUSDT and enjoy up to 33x leverage, or sign up for BitMEX today.
Invest in ApeCoin (APE) on BitMEX
Please check BitMEX official website or contact the customer support with regard to the latest information and more accurate details.
BitMEX official website is here.
Please click "Introduction of BitMEX", if you want to know the details and the company information of BitMEX.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...