
As of10 February at 04:00 UTC,a new listing -BERAUSDT- featuring Berachain - is now available to trade on BitMEX, and with up to50xleverage.
For the lowdown on the latest listing, read on.
BERAUSDTis a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the Berachain token and trade it with leverage, without needing to have any BERA holdings.
Key contract details for our Bera token listing:
Symbol:BERAUSDT
Margin Currency: USDT
Contract Size: 0.01BERA
Lot Size: 10
Minimum Trade Amount: 0.1BERA
Underlying: .BBERAT
Max Leverage: 50x
Maker Fee: 0.05%
Taker Fee: 0.05%
Base Initial Margin: 2.00%
Base Maintenance Margin: 1.00%
BERA serves as the native gas and staking token of Berachain, the first blockchain powered by Proof-of-Liquidity. BERA can be used to pay transaction fees on the Berachain network or for validator staking.
Berachain is an Ethereum Virtual Machine-compatible Layer 1 blockchain built on the Cosmos SDK that uses a variant of delegated proof of stake consensus called “proof of liquidity,” an attack resistance mechanism meant to harmonize staking and align incentives between security and liquidity.
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