Now Live: VINEUSDT Perpetual Swap Listings With Up to 50x Leverage

A new perp listing for VINE – VINEUSDT – is now available to trade on BitMEX, with up to50xleverage.

Trading started here at04:00 UTCon24 Jan2025.

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VINEUSDTContract Specs

VINEUSDTis a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the VINE token and trade it with leverage, without needing to have any VINE holdings.

Key contract details for our VINE token listing:

• Symbol:VINEUSDT

• Margin Currency: USDT

• Contract Size: 1 VINE

• Lot Size: 1

• Minimum Trade Amount: 1 VINE

• Underlying:.BVINET

• Max Leverage: 50x

• Maker Fee: 0.05%

• Taker Fee: 0.05%

• Base Initial Margin: 2.00%

• Base Maintenance Margin: 1.00%

You can trade theVINEperpetual contract here, or refer to the full contract specs here.

About VINE, the VINE memecoin

On January 18, 2025, Elon Musk said he was looking into bringing back Vine, and @rus, CEO of Vine launched the VINE meme coin. Vine was a once-popular short video sharing platform that allowed users to shoot and upload videos up to 6 seconds long. Launched in 2012, it quickly gained a massive user base, especially among young people. In 2017, Twitter (Vine's parent company) announced the platform's shutdown.

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