Dear BitTap Users:
We are pleased to announce that BitTap will officially launch the MAGIC/USDT perpetual contract trading pair on August 4, 2025 (UTC+8).
This contract supports both long and short positions, with up to 50x leverage. We sincerely invite you to actively participate and experience flexible and efficient derivatives trading services.
Contract Trading Opening Time:
August 4, 2025, 21:00 PM (UTC)
| Contract Parameters | Details |
Contract Underlying Asset | MAGIC |
| Settlement Asset | USDT |
| Minimum Tick | 0.0001 |
| Maximum Leverage | 50x |
| Funding Settlement Frequency | Every 8 Hours |
| Trading Hours | 7*24 |
Depending on market risk conditions, BitTap may adjust key contract parameters, including minimum tick, maximum leverage, and maintenance margin ratio.
Risk Warning
Risk Warning
Cryptocurrency assets are subject to high market volatility and risk, and their prices may fluctuate significantly due to a variety of factors. Please fully understand the characteristics of the relevant assets before trading, and make independent decisions based on your risk tolerance. As a neutral platform, BitTap assumes no responsibility for user trading activities or their outcomes.