Bitget announcement on adding support for GRASS futures trading, spot margin trading, and trading bots

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Bitget Announcement2024/10/28 04:29

By:Bitget Announcement

The GRASSUSDT futures trading pair will be launched on October 28, 2024, 15:00 (UTC), with a maximum leverage of 50. GRASS spot margin trading, and trading bots will be available on October 29, 04:00 (UTC), and October 28, 2024, 15:00 (UTC) respectively. Spot margin trading: GRASS/USDT spot margin

The GRASSUSDT futures trading pair will be launched on October 28, 2024, 15:00 (UTC), with a maximum leverage of 50. GRASS spot margin trading, and trading bots will be available on October 29, 04:00 (UTC), and October 28, 2024, 15:00 (UTC) respectively.

Spot margin trading:

GRASS/USDT spot margin trading will be available on October 29, 04:00 (UTC). Users can borrow USDT to go long on GRASS or borrow GRASS to go short to magnify their returns.

Head to the margin information page to view spot margin trading information such as interest rates, maintenance margin rates, and limits.

Trading bots:

GRASS/USDT spot and futures trading bots will be available on October 28, 2024, 15:00 (UTC).

Crash Course on Spot Grid: What is Spot Grid Trading?

GRASSUSDT-M perpetual futures:

Parameters	Details
Listing time	October 28, 2024, 15:00 (UTC)
Underlying asset	GRASS
Settlement asset	USDT
Tick size	0.0001
Maximum leverage	50x
Funding fee settlement frequency	Every eight hours
Trading time	7*24

Depending on market risk conditions, Bitget may adjust the parameters from time to time, which may include the tick size, maximum leverage, and maintenance margin rate.

USDT-M Futures - Trade using USDT for all pairs.You can use USDT to trade multiple trading pairs at the same time, in which multiple futures share the same account equity, profit, loss, and risks.

References:

Bitget USDT-M Futures trading

Futures trading risk warning

All assets will be reviewed based on actual market conditions prior to listing. The estimated listing time in announcements and products are for reference purposes only and are subject to the actual listing, which may deviate from the announcement without further notice.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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