Currently, BitForex Perpetual Contract operates with Cross Margin Mode.
BitForex's perpetual contract uses USD as valuation unit. Each contract is worth 1 USD equivalent trading crypto value.
BitForex uses the crypto which corresponds with the contract to settle the margin and users' PNL.
BitForex Perpetual Contract Types:
Type |
Max. Leverage Level |
Taker Rate |
Maker Rate
|
BTC/USD |
100x |
0.06% |
0.04% |
ETH/USD |
100x |
0.06% |
0.04% |
LTC/USD |
100x |
0.06% |
0.06% |
XRP/USD |
25x |
0.06% |
0.06% |
GRIN/USD |
10x |
0.06% |
0.06% |
EOS/USD |
50x |
0.06% |
0.06% |
BEAM/USD |
10x |
0.06% |
0.06% |
BCH/USD |
50x |
0.06% |
0.06% |
BNB/USD |
20x |
0.06% |
0.06% |
BSV/USD |
20x |
0.06% |
0.06% |
TRX/USD |
20x |
0.06% |
0.06% |
ATOM/USD |
10x |
0.06% |
0.06% |
Example:
Traders think BTC/USD price will increase, they can buy/long a position to profit from the increase of bitcoin's price.
Traders think BTC/USD price will decrease, they can sell/short a position to profit from the decrease of bitcoin's price.
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