Dear BW users
BW launch perpetual contract for ADA / USDT, on July 13, 2020, at 17:00 (Hong Kong time).
Note: at present, users can only participate in the ADA / USDT perpetual contract through the app. Please pay attention to the follow-up announcement for the online time of webpage.
Contract details of ADA / USDT, (USDT settlement)
Name： ADA / USDT
Type Base currency ADA, settlement currency USDT, valuation currency USDT
Due date： perpetual
Maximum leverage 50x
Contract value 1 Contr = 10 ADA
Minimum price valuation 0.0001 USDT
Trading hours 7 x 24 h
Settlement This contract is a perpetual non settlement contract
Initial margin ratio 2%
Maintenance margin ratio 1%
Enable auto reduction Yes: through automatic reduction to deal with the loss of leverage trading.
Marking method： Reasonable price mark
Base risk limit 1,000,000 USDT
Risk limit increment 500,000 USDT
Minimum number of orders per transaction 1 Contr
Maximum number of single entrustment 200000 Contr
Currency abbreviation: ADA
Full name: Cardano
Issue date: 2015-09
Cardano is a decentralized public blockchain and cryptocurrency project, and it is completely open source. Cardano is developing a smart contract platform designed to provide more advanced functionality than any previously developed protocol. It is the first blockchain platform evolved from the philosophy of science and research first approach. The development team is composed of large-scale experts, engineers and researchers around the world.
Official website: https://www.cardano.org/
Block browser: https://explorer.cardano.org/en/
- Twitter: https://twitter.com/Cardano
- Facebook: https://www.facebook.com/groups/CardanoCommunity
- Reddit: https://www.reddit.com/r/cardano/
Download BW APP: https://www.bw.io/appDownload
BW, Bit World, Better World
BW.com Global Operations Team
Jul 13, 2020