Dear BigONE users,
BigONE has launched APE (ApeCoin) margin trading and opened APE/USDT margin trading pair, which supports users to do long or short. The maximum leverage multiple of APE currently supported is 3 times. E.g:
1. Sell short
The account has a principal of 1 APE and a borrowing capacity of 2 APE. The account has 3 APE after borrowing. APE may be sold short at this time.
2. Buy long
The account has a principal of 1 APE and a borrowing capacity of 2 APE. You can use the loaned USDT to buy long APE.
For specific rules, please refer to:
BigONE Margin Trading FAQ
In addition, we will carry out a 7-day interest-free event for the APE/USDT margin trading pair. Details of the event are as follows:
【Event Time】
23 March 2022 15:00 - 30 March 2022 17:00 (GMT+8)
【Event Content】
During the event, the daily interest of APE/USDT margin trading loan is 0, and the interest-free period is 7 days. After the event, the daily interest of the margin trading loan will be restored to 0.1%.
【REMINDER】
* The final interpretation right of this event belongs to BigONE.
BigONE, more than just asset security.
Regards,
BigONE Team
23 March 2022
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