BitMEX is proud to announce the launch of QTUM Futures contracts, expiry 29 September 12:00 UTC with symbol QTUMU17. Each contract is worth 1 QTUM and the contract offers 2x leverage.
Since the QTUM platform is still under development, the following rules will apply:
- QTUMU17 will have 25% Up and Down Limit against the previous session close price to prevent price manipulation. Session are 8 hours long and run from 12:00-20:00, 20:00-04:00, and 04:00-12:00 UTC.
- Settlement will occur either at the ICO price (if QTUM/XBT trading has not begun) or at the .QTUMXBT30M Index Price if QTUM/XBT has begun trading prior to 28 September 120:00 UTC.
Further details about this contract can be read in the QTUM Series Guide.