AscendEX is excited to launch perpetual futures contracts for -Perp and XPRT-Perp on Oct 2at 1:00 .m. UTC, 2021. The and T-Perp perpetual futures contracts are denominated and settled in USDT with available leverage up to 50x.
AscendEX now accepts X as multi-collateral assets for perpetual futures contracts. XT discounted by 20% when it is used as collateral for futures trading. For example, ifis priced at USDT, and users deposit 10 into their Futures account, only USDT worth of can be used as collateral in the calculation of the initial margin rate and maintenance margin rate.
Users can deposit XT in their futures account to be used as collateral when trading all USDT-margined Futures .
For details please read:
Thank you for the continued support!
The AscendEX Team