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Bitget announcement on adding support for GRASS futures trading, spot margin trading, and trading bots
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.
Thank you for your support and interest in Bitget!
Disclaimer
Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users should conduct their own research and invest at their own discretion. Bitget shall not be liable for any investment losses.
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