A new perp listing for ZEC (Zcash) – ZECUSDT – will soon be available to trade on BitMEX, with up to 33x leverage.
Trading will start here at 04:00 UTC on 31 October 2025.
If you haven’t signed up for a BitMEX account yet, we’re currently offering up to 5,000 USDT as part of the welcome package for verified users- you can register here.
ZECUSDT Contract Specs
ZECUSDT is a linear perpetual swap, margined in USDT. This allows users to gain exposure to the price of the ZEC token and trade it with leverage, without needing to have any Zcash holdings.
Key contract details for our Zcash token listing:
- Symbol: ZECUSDT
- Margin Currency: USDT
- Contract Size: 0.0001 ZEC
- Lot Size: 10
- Minimum Trade Amount: 0.01 ZEC
- Underlying: .BZECT
- Max Leverage: 33x
- Maker Fee: 0.05%
- Taker Fee: 0.05%
- Base Initial Margin: 3.00%
- Base Maintenance Margin: 1.50%
You can trade the ZECUSDT perpetual contract here, or refer to the full contract specs here.
About ZEC, the Zcash Token
Zcash is a decentralized cryptocurrency focused on privacy and anonymity. It uses the zk-SNARK zero-knowledge proof technology that allows nodes on the network to verify transactions without revealing any sensitive information about those transactions.
Contrary to a common misunderstanding, the majority of cryptocurrencies on the market, including Bitcoin (BTC), are not anonymous, but rather pseudonymous; while they do not explicitly reveal the identities of their users, each user has their own public address or addresses which can be traced back to them via the methods of data science and blockchain forensics.
Zcash transactions, on the other hand, still have to be relayed via a public blockchain, but unlike pseudonymous cryptocurrencies, ZEC transactions by default do not reveal the sending and receiving addresses or the amount being sent. There is an option, however, to reveal this data for the purposes of auditing or regulatory compliance.
To be the first to know about our new listings, product launches, giveaways and more, we invite you to join one of our online communities and connect with other traders.
For the absolute latest, you can also follow us on Twitter, or read our blog and site announcements.
In the meantime, if you have any questions please contact Support who are available 24/7.