Dear Users,
AscendEX is excited to launch perpetual futures contracts for Metal (MTL) on June 9, 3:00 AM UTC, 2023. Details are as follows:
| Perpetual Futures Contracts | MTLUSDT |
| Underlying Asset | MTL |
| Settlement Asset | USDT |
| Tick Size | 0.0001 USDT |
| Lot Size | 1 MTL |
| Max Leverage | 5 |
| Multi-Asset Collateral Mechanism | Supported (80% Discount Factor) |
Listing Promotion:
From June 9, 3 AM to June 16, 12 AM (UTC), you can receive a bonus of 5 USDT when you make your first trade on MTL futures. If your trading volume reaches 1,000 USDT, you'll receive an additional 5 USDT airdrop. The more you trade, the higher the rewards! You could even claim up to 2023 USDT.
Please note that during the listing of a new token, AscendEX will implement the 2-hour protection. During this period, only Post-only orders are available for MTL futures trading. Users can place maker orders only, while taker orders will be automatically canceled. Once the protection period ends, normal order matching will resume (starting at 5:00 a.m. on June 9 UTC).
For details please read:
- MTLUSDT Perpetual Futures Contract Info
- Transaction Fee for Perpetual Futures Contract
- About Multi-Asset Collateral Mechanism
Thank you for the continued support!
The AscendEX Team
Website: https://ascendex.com
Twitter: https://twitter.com/_AscendEX
Telegram Group: https://t.me/AscendEXEnglish
