BCH/USDT and LTC/USDT perpetual contracts will be opened to the public on April 12, 2019.
Bibox, one of the world’s largest crypto exchanges, announced that the Bitcoin Cash [BCH] and Litecoin [LTC] perpetual contracts will be available to trade at 3:00 P.M. on April 12, 2019 [GMT+8], per its official blog. BCH and LTC perpetual contracts will also be priced in Tether [USDT], and do not charge the funding rate from users, according to the statement.
Aries, Bibox Co-founder of Bibox, stated,
“As we are always putting users needs at the forefront. The addition of BCH and LTC perpetual contracts is a natural move for us to meet the high demand.”
Highlights of Bibox perpetual contracts:
February 18: Launch of BTC/USDT and ETH/USDT
March 8: The accumulative daily trading volume reached 100 million USD
March 14: Perpetual contracts trading is available on Bibox App which supports the IOS & Andriod system in English, Chinese and Korean.
March 20: Launch of EOS/USDT
March 25: The accumulative total trading volume reached 5 billion USDT
Currently, Bibox perpetual contracts have opened BTC/USDT, ETH/USDT, EOS/USDT trading pairs, allowing users to long or short with flexible leverage of 1-50x according to their risk preferences. Before then, Bibox has held a perpetual contract team competition to celebrate the launch of EOS/USDT, setting up
Combat Power Rank and Hall of Fame with rewards as follows:
1st rank: 1BTC
2nd rank: 2000USDT
3rd rank: 1000USDT
The event concluded on April 8, 2019, and rewards will be given out to users’ accounts before April 20. In the last 24 hours, the accumulative trading volume of Bibox perpetual contracts has reached 645 million USDT.