BitNasdaq Lists INITUSDT Perpetual Contract
Ameer Hamza
Updated at: 6 days ago
Dear BitNasdaq users,
In order to expand the range of trading options available on BitNasdaq Futures and enhance your trading experience, BitNasdaq is launching the USDT-M Perpetual Contract of Initia ($INIT) on our futures trading markets.
The details are as follows:
USD-M Perpetual Contract | INITUSDT |
Launch Time | 2025-04-24 5:00 PM (UTC) |
Underlying Asset | INIT (Initia) |
Settlement Asset | USDT |
Tick Size | 0.0001 |
Maximum Leverage | 100x |
Funding Fee Settlement Frequency | Every 8 Hours |
Trading Hours | 24/7 |
About Initia ($INIT):
Initia is a next-generation modular blockchain platform designed to simplify and scale the development of application-specific rollups. Built with a developer-first philosophy, Initia combines Layer 1 infrastructure and Layer 2 rollups into a cohesive ecosystem using what it calls the Interwoven Stack—an integrated suite of tools and services that streamline the development, deployment, and interoperability of rollups.
Initia Official Links:
Discover the Power of BitNasdaq by visiting bitnasdaq.com or downloading the mobile app (available on iOS and Android) for effortless trading on the go.
Thank you for your support!
BitNasdaq Team
April 24, 2025
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BitNasdaq reserves the right, in its sole discretion, to amend or cancel this announcement at any time and for any reason without prior notice.
Risk Warning: Digital assets are highly speculative and subject to significant volatility. They may become illiquid at any time, and investors could lose the entire value of their investment. Before engaging in any digital asset trading, you should perform independent research and carefully evaluate your risk tolerance. BitNasdaq is not liable for any losses you may incur from trading digital assets. This material should not be construed as financial advice.