Recommend to Trade USDT-margined Perpetual Contracts
Dear Users, Phemex now offers USDT-margined perpetual contracts, allowing traders to open long and short positions with no expiration date that will be settled in USDT. These perpetual contracts are priced in USDT, and all margin, profit, and loss are also calculated in USDT. Take the BTC/USDT pair for example, if a trader holds a long position on a 1 BTC contract and the price of BTC rises by $100, then the trader’s profit is 100 USDT. Below are some specific advantages that USDT-margined contracts provide, and we fully recommend that you trade them. 1) More Precise Price Accuracy For…