NIL/USDT Perpetual Futures
Trade the NIL perpetual contract on Bicoince, settled in USDT with up to 3x leverage. Leveraged positions can be liquidated.
NIL/USDT-PERP is a perpetual futures contract tracking NIL, with margin and profit or loss denominated in USDT, and leverage up to 3x. It has no expiry date, so a position can be held for as long as it stays margined, and it is held near the reference price by the funding rate rather than by settling on a date. A leveraged position can be liquidated if its margin runs out.
Other perpetual markets on Bicoince: PAXG/USDT, BABY/USDT, HYPER/USDT, ZORA/USDT, INIT/USDT and DOOD/USDT.
