BitMEX is proud to announce the launch of Status Futures contracts, expiry 28 July 12:00 UTC with symbol SNTN17. Each contract is worth 1 SNT and the contract offers 2x leverage.
Since the Status platform is still under development, the following rules will apply:
- SNTN17 will have 25% Up and Down Limit against the previous session close price to prevent price manipulation. Each session is 2 hours long, and session closes occur every even numbered hour.
- Settlement will occur either at the ICO price (if SNT/XBT trading has not begun) or at the .SNTXBT30M Index Price if SNT/XBT has begun trading prior to 27 July 12:00 UTC.
Further details about this contract can be read in the SNT Series Guide.