DMAILUSDT Perpetual Futures on OKX and MEXC

Steven Jackson

Steven Jackson

— 2 min read
DMAILUSDT Perpetual Futures on OKX and MEXC

In the world of cryptocurrency trading, perpetual futures contracts offer a unique opportunity for traders to speculate on the future value of digital assets. Recently, OKX and MEXC, two prominent cryptocurrency exchanges, launched perpetual futures contracts for DMAILUSDT.

OKX Listing Details:

  • Launch Date: The perpetual futures for DMAIL on OKX were enabled on January 30, 2024.
  • Leverage Options: OKX offers a leverage range from 0.01x up to 50x for this contract.
  • Trading Specifications: The contract has a face value of 10, a tick size of 0.0001, and settlement in USDT. The trading hours for this futures contract are 24/7, providing constant access for traders globally.
  • Funding Fee Notes: Initially, the upper limit of the funding fee was set at 0.03% until 4:00 pm UTC on January 30, 2024, and was later adjusted back to the normal limit of 1.50%.

MEXC Listing Details:

  • Launch Date: MEXC launched the DMAILUSDT perpetual futures trading pair at 04:00, January 31, 2024.
  • Leverage Options: MEXC's offering includes an adjustable leverage range from 1x to 20x.
  • Promotional Event: To celebrate the new listing, MEXC launched a campaign with a 10,000 USDT bonus pool. This event included a welcome bonus for new futures users and a trading volume-based bonus for the top traders.

Brief Description of DMAIL:
The Dmail Network (DMAIL) is a cryptocurrency that had its all-time high price on January 30, 2024, reaching $0.8500. Its all-time low was recorded shortly after, on January 31, 2024, at $0.6064. The DMAIL token can be traded on various centralized exchanges with OKX being the most active one for the DMAIL/USDT trading pair. The Dmail Network represents a project on the BNB Chain Ecosystem and is recognized for its role in decentralized communication infrastructure, focusing on secure and AI-powered email services. For more detailed information, you can refer to CoinGecko's page on the Dmail Network or https://dmail.ai/

Summary:
The introduction of the DMAILUSDT perpetual futures contract on both OKX and MEXC is a significant development in the crypto derivatives market. With different leverage options offered by both exchanges, traders have the flexibility to choose according to their trading strategy and risk tolerance. However, it's crucial for traders to understand the specifics of such contracts, including the leverage, funding fees, and trading rules, to effectively manage their risk and capital.

For more detailed information, you can refer to the announcements on MEXC and OKX.

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