Dear Users,
We are excited to announce that TRUMPUSDT perpetual swaps will be officially launched on our web platform, mobile app, and API at 1:30 PM on January 19, 2025 (UTC+8). Additionally, TRUMP leverage trading and savings products will become available at 6:30 PM on the same day (UTC+8). Below are the detailed rules:
Leverage Trading and Savings Products
- TRUMP will be available for USDT-margined leverage trading.
- For tiered margin design, please refer to the following after launch:
Leverage and Margin Tier Explanation - Savings product quotas will be accessible post-launch via:
Savings Rules and Guidelines
Perpetual Swap Contract Details
The TRUMPUSDT perpetual swap contract is structured as follows:
| Feature | Description |
|---|---|
| Underlying | TRUMP/USDT Index |
| Settlement Currency | USDT |
| Contract Face Value | 0.1 |
| Quotation Unit | Price quoted per 1 TRUMP in USDT |
| Minimum Price Movement | 0.001 |
| Leverage | 0.01x to 50x |
| Funding Fee | Calculated based on the difference between the contract mid price and the spot index price, clamped between -1.5% and 1.5%; Interest = 0. |
| Funding Interval | Every 4 hours |
| Trading Hours | 24/7 |
Trading rules for the TRUMPUSDT perpetual swap—such as limit order specifications—are consistent with other perpetual contracts. For full details, please refer to the official documentation:
We remain committed to providing exceptional products and superior service.
Frequently Asked Questions
What are perpetual swaps?
Perpetual swaps are derivative contracts that allow traders to speculate on cryptocurrency price movements without an expiration date, using leverage to amplify potential gains or losses.
How does the funding fee work?
Funding fees are periodic payments exchanged between long and short position holders, based on the difference between the perpetual contract price and the underlying spot index, helping to tether the contract price to the spot market.
What is leverage trading?
Leverage trading enables users to borrow funds to trade with more capital than they initially deposit, thus magnifying both potential profits and risks. It is essential to understand margin requirements to avoid liquidation.
Are there risks involved with these products?
Yes, leveraged products and derivatives carry significant risk, including the potential loss of your entire investment. It is crucial to fully understand how these instruments work and employ prudent risk management strategies.
When will these products be available?
TRUMP perpetual swaps go live at 1:30 PM (UTC+8) on January 19, 2025, with leverage trading and savings becoming available at 6:30 PM on the same day.
Where can I learn more about using these features?
For comprehensive guides on using leverage, perpetual swaps, and savings products, you can 👉 explore detailed tutorials and risk explanations on our official help center.