BigONE Lists DOT Lending, DOT Spot Leverage and KSM Spot Leverage

Dear BigONE users:

To support the Polkadot ecology, BigONE has listed DOT lending, DOT spot leverage and KSM spot leverage. The details are as follows:

【DOT Lending】

• The DOT pledge rate is 35%, the warning line is 70%, and the liquidation line is 80%;
• BigONE currently opens a total loan amount of 100,000 USDT.
  (That is, the total amount that all users can borrow through DOT Lending is 100,000 USDT. Currently, it supports staking DOT to borrow USDT. The same step interest rate is implemented, and more lending lines and loanable currencies will be opened from time to time.)

Learn more: B2C Lending FAQ

【DOT Spot Leverage】

Currently supports DOT / USDT leveraged trading pairs, the maximum leverage is 3 times.

1. Sell short

The account principal is 1 DOT, and 2 DOTs can be borrowed. After borrowing, the available DOTs in the account are 3, at this time, you can sell short DOTs.

2. Buy long

The account principal is 1 DOT, and 2 DOT equivalent USDT can be borrowed. At this time, you can use the borrowed USDT to buy long DOT.

【KSM Spot Leverage】

Currently supports KSM / USDT leveraged trading pairs, the maximum leverage is 3X

1. Sell short

The account principal is 1 KSM, and 2 KSMs can be borrowed. After borrowing, the account can use 3 KSMs. At this time, you can sell and short KSM.

2. Buy long

The account principal is 1 KSM, and you can borrow USDT equivalent to 2 KSM. At this time, you can use the borrowed USDT to buy long KSM.

Tutorial of BigONE Leveraged Trading: https://support.bigonechina.com/hc/zh-cn/articles/360039871413

Start your Leveraged Trading NOW: https://www.bigonechina.com/cn/trade/margin

【Risk Warning】

Digital asset spot leveraged trading and mortgage lending are innovative digital currency products with high risks and strong professionalism. Please rationally judge and make investment decisions prudently.

BigONE, more than just asset security.

Best,

BigONE Team

September 28, 2020