Interdax is pleased to announce our third continuously settled perpetual contract: LINK-PERP-USDT.
LINK-PERP-USDT is now available to trade with up to 100x leverage.
What is Chainlink (LINK)?
LINK is the native asset of the Chainlink, a decentralised oracle network bridging real-world data with smart contracts on the blockchain. The rapid growth of Decentralised Finance (DeFi) has positively impacted Chainlink’s token, which has a market capitalisation of more than $3 billion.
Trading LINK-PERP-USDT on Interdax
Interdax’s LINK perpetual contract is margined and settled in USDT. The contract specs for LINK-PERP-USDT can be found here.
The fee structure for LINK-PERP-USDT is the same as our other perpetual contracts: maker fees are 0.00% while taker fees are 0.05%.
To trade the LINK-PERP-USDT contract you will need to deposit USD Tether (USDT). Select USDT Perpetuals, then LINK-PERP-USDT from the instrument panel. To deposit USDT, click on the ‘Deposit’ on the top right-hand side (shown below):
Once you’ve selected LINK-PERP-USDT, the USDT balance will be displayed by the account panel on the top right-hand side.
After clicking on ‘Deposit’, your USDT address and deposit history will be shown. When sending USDT to Interdax, you’ll be able to trade the LINK-PERP-USDT contract with up to 100x leverage once the transaction has 12 confirmations.
More USDT Perpetuals to be Released Soon
Perpetuals for more crypto-assets (Uniswap’s UNI token and Avalanche’s AVAX) settled and margined in USDT will be released during October.
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