BitMEX is proud to announce the launch of the world’s first Litecoin futures contract margined in Bitcoin. There is no need to hold Litecoin in order to trade / speculate on the Bitfinex LTCUSD exchange rate.
Contract Specifications
Ticker Symbol: XLT7D, The BitMEX Weekly Litecoin / USD Futures Contract
Traders gain or lose 0.001 Bitcoin per $1 movement in the Bitfinex LTCUSD exchange rate.
The contract settles every Friday at 12:00 GMT.
Trade with leverage of up to 15x. Margin, profit, and loss are all denominated in Bitcoin.
For more details, please read Series Guide: XLT.
Weekly Expiring XBT Contracts
Due to customer demand, BitMEX is introducing a weekly expiring XBT contract. The Speculation or XBT series of Bitcoin / USD futures contracts allow leverage of up to 25x.
Ticker Symbol: XBT7D, The BitMEX Weekly Quanto Bitcoin / USD Futures Contract.
Traders gain or lose 0.00001 Bitcoin per $1 movement in the Bitfinex BTCUSD exchange rate.
The contract settles every Friday at 12:00 GMT.
For more details, please read Series Guide: XBT.
Advanced Order Types
Stop Limit orders will be available starting next week. If there are additional order types that you require as a trader, please let us know.